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G Mining Ventures (TSX:GMIN) Operating Margin % : 0.00% (As of Mar. 2024)


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What is G Mining Ventures Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. G Mining Ventures's Operating Income for the three months ended in Mar. 2024 was C$-3.11 Mil. G Mining Ventures's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, G Mining Ventures's Operating Margin % for the quarter that ended in Mar. 2024 was 0.00%.

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


TSX:GMIN's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.76
* Ranked among companies with meaningful Operating Margin % only.

G Mining Ventures's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

G Mining Ventures's Operating Income for the three months ended in Mar. 2024 was C$-3.11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-10.36 Mil.


G Mining Ventures Operating Margin % Historical Data

The historical data trend for G Mining Ventures'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.

G Mining Ventures Operating Margin % Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
Operating Margin %
- - - - -

G Mining Ventures Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating 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 - - - - -

Competitive Comparison of G Mining Ventures's Operating Margin %

For the Other Precious Metals & Mining subindustry, G Mining Ventures'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.


G Mining Ventures's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where G Mining Ventures's Operating Margin % falls into.



G Mining Ventures 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.

G Mining Ventures's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-10.134 / 0
= %

G Mining Ventures's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-3.108 / 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.


G Mining Ventures  (TSX:GMIN) 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.


G Mining Ventures Operating Margin % Related Terms

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G Mining Ventures (TSX:GMIN) Business Description

Traded in Other Exchanges
Address
7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.
Executives
Julie-anais Debreil Senior Officer

G Mining Ventures (TSX:GMIN) Headlines

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