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Quebec Rare Earth Elements (XCNQ:QREE) Net Margin % : 0.00% (As of Jan. 2024)


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What is Quebec Rare Earth Elements Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Quebec Rare Earth Elements's Net Income for the three months ended in Jan. 2024 was C$-0.08 Mil. Quebec Rare Earth Elements's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, Quebec Rare Earth Elements's net margin for the quarter that ended in Jan. 2024 was 0.00%.

The historical rank and industry rank for Quebec Rare Earth Elements's Net Margin % or its related term are showing as below:


XCNQ:QREE's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.17
* Ranked among companies with meaningful Net Margin % only.

Quebec Rare Earth Elements Net Margin % Historical Data

The historical data trend for Quebec Rare Earth Elements's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quebec Rare Earth Elements Net Margin % Chart

Quebec Rare Earth Elements Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
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Quebec Rare Earth Elements Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Quebec Rare Earth Elements's Net Margin %

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quebec Rare Earth Elements's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quebec Rare Earth Elements's Net Margin % distribution charts can be found below:

* The bar in red indicates where Quebec Rare Earth Elements's Net Margin % falls into.



Quebec Rare Earth Elements Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Quebec Rare Earth Elements's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=-8.749/0
= %

Quebec Rare Earth Elements's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.081/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Quebec Rare Earth Elements  (XCNQ:QREE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Quebec Rare Earth Elements Net Margin % Related Terms

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Quebec Rare Earth Elements (XCNQ:QREE) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a junior exploration company targeting gold, silver, platinum, and palladium in some of the most active exploration districts in Canada. Its flagship asset, the Starr Project, is host to multiple high-grade gold and silver discoveries that have been identified through trenching, bulk sampling, and diamond drilling. In addition, the company is one of the landholders in the rapidly advancing Marathon/Thunder Bay North area mining districts where Generation Mining and Clean Air Metals are advancing their sizable high grade platinum-palladium +/- copper-nickel-silver-gold projects. The company also holds sizable land positions in British Columbia's Golden Triangle.
Executives
John Warren Jentz 10% Security Holder, Director