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Richmond Minerals (TSXV:RMD) Net Margin % : 0.00% (As of Nov. 2023)


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What is Richmond Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Richmond Minerals's Net Income for the three months ended in Nov. 2023 was C$-0.15 Mil. Richmond Minerals's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Therefore, Richmond Minerals's net margin for the quarter that ended in Nov. 2023 was 0.00%.

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


TSXV:RMD's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.28
* Ranked among companies with meaningful Net Margin % only.

Richmond Minerals Net Margin % Historical Data

The historical data trend for Richmond Minerals'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.

Richmond Minerals Net Margin % Chart

Richmond Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Margin %
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Richmond Minerals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Richmond Minerals's Net Margin %

For the Other Precious Metals & Mining subindustry, Richmond Minerals'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.


Richmond Minerals's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Richmond Minerals's Net Margin % falls into.



Richmond Minerals 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.

Richmond Minerals's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-0.159/0
= %

Richmond Minerals's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.152/0
= %

* 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.


Richmond Minerals  (TSXV:RMD) 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.


Richmond Minerals Net Margin % Related Terms

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Richmond Minerals (TSXV:RMD) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.

Richmond Minerals (TSXV:RMD) Headlines