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Continental Gold (Continental Gold) Operating Margin % : 0.00% (As of Sep. 2019)


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What is Continental Gold Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Continental Gold's Operating Income for the three months ended in Sep. 2019 was $-2.29 Mil. Continental Gold's Revenue for the three months ended in Sep. 2019 was $0.00 Mil. Therefore, Continental Gold's Operating Margin % for the quarter that ended in Sep. 2019 was 0.00%.

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


CGOOF's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.96
* Ranked among companies with meaningful Operating Margin % only.

Continental Gold's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Continental Gold's Operating Income for the three months ended in Sep. 2019 was $-2.29 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2019 was $-12.77 Mil.


Continental Gold Operating Margin % Historical Data

The historical data trend for Continental Gold's Operating 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.

Continental Gold Operating Margin % Chart

Continental Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Operating Margin %
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Continental Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Continental Gold's Operating Margin %

For the Gold subindustry, Continental Gold's Operating Margin %, along with its competitors' market caps and Operating 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.


Continental Gold's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Continental Gold's Operating Margin % falls into.



Continental Gold Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Continental Gold's Operating Margin % for the fiscal year that ended in Dec. 2018 is calculated as

Operating Margin %=Operating Income (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=-17.567 / 0
= %

Continental Gold's Operating Margin % for the quarter that ended in Sep. 2019 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=-2.291 / 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.


Continental Gold  (OTCPK:CGOOF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Continental Gold Operating Margin % Related Terms

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Continental Gold (Continental Gold) Business Description

Traded in Other Exchanges
N/A
Address
155 Wellington Street West, Suite 2920, Toronto, ON, CAN, M5V 3H1
Continental Gold Inc is a gold mining company. It acquires, explores and develops mineral properties in Colombia. Its Buritica project is a high-grade gold deposit located northwest from Medellin, Colombia. located in the Antioquia Department, north of Medellin. The principal activity from which the company generates revenue is from gold bullion sales, including pre-production revenues, to third parties.

Continental Gold (Continental Gold) Headlines

From GuruFocus

Continental Gold Provides Construction Update

By GlobeNewswire GlobeNewswire 04-10-2018