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Argonaut Gold (Argonaut Gold) Net Margin % : 24.17% (As of Dec. 2023)


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What is Argonaut Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Argonaut Gold's Net Income for the three months ended in Dec. 2023 was $27.9 Mil. Argonaut Gold's Revenue for the three months ended in Dec. 2023 was $115.6 Mil. Therefore, Argonaut Gold's net margin for the quarter that ended in Dec. 2023 was 24.17%.

The historical rank and industry rank for Argonaut Gold's Net Margin % or its related term are showing as below:

ARNGF' s Net Margin % Range Over the Past 10 Years
Min: -127.82   Med: 0.24   Max: 15.38
Current: 10.12


ARNGF's Net Margin % is ranked better than
78.42% of 862 companies
in the Metals & Mining industry
Industry Median: 0.325 vs ARNGF: 10.12

Argonaut Gold Net Margin % Historical Data

The historical data trend for Argonaut Gold'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.

Argonaut Gold Net Margin % Chart

Argonaut Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.62 4.45 6.07 -39.19 10.28

Argonaut Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -182.46 -15.04 25.49 -0.45 24.17

Competitive Comparison of Argonaut Gold's Net Margin %

For the Gold subindustry, Argonaut Gold'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.


Argonaut Gold's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Argonaut Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where Argonaut Gold's Net Margin % falls into.



Argonaut Gold 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.

Argonaut Gold's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=38.27/372.457
=10.28 %

Argonaut Gold's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=27.931/115.578
=24.17 %

* 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.


Argonaut Gold  (OTCPK:ARNGF) 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.


Argonaut Gold Net Margin % Related Terms

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Argonaut Gold (Argonaut Gold) Business Description

Traded in Other Exchanges
Address
9600 Prototype Court, Reno, NV, USA, 89521
Argonaut Gold Inc is a Canadian gold company engaged in exploration, mine development, and production. Its primary assets are the El Castillo mine and the San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico, and the Florida Canyon mine in Nevada, USA. The company also holds the construction stage Magino project, the exploration stage Cerro del Gallo project, and several other exploration stage projects, all of which are located in North America.

Argonaut Gold (Argonaut Gold) Headlines