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Metallic Minerals (TSXV:MMG) Operating Margin % : 0.00% (As of Oct. 2023)


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What is Metallic Minerals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Metallic Minerals's Operating Income for the three months ended in Oct. 2023 was C$-3.03 Mil. Metallic Minerals's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Metallic Minerals's Operating Margin % for the quarter that ended in Oct. 2023 was 0.00%.

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


TSXV:MMG's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.99
* Ranked among companies with meaningful Operating Margin % only.

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

Metallic Minerals's Operating Income for the three months ended in Oct. 2023 was C$-3.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-3.71 Mil.


Metallic Minerals Operating Margin % Historical Data

The historical data trend for Metallic Minerals'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.

Metallic Minerals Operating Margin % Chart

Metallic Minerals Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Operating Margin %
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Metallic Minerals Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23
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Competitive Comparison of Metallic Minerals's Operating Margin %

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


Metallic Minerals's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metallic Minerals's Operating Margin % falls into.



Metallic Minerals 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.

Metallic Minerals's Operating Margin % for the fiscal year that ended in Jul. 2022 is calculated as

Operating Margin %=Operating Income (A: Jul. 2022 ) / Revenue (A: Jul. 2022 )
=-7.21 / 0
= %

Metallic Minerals's Operating Margin % for the quarter that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=-3.03 / 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.


Metallic Minerals  (TSXV:MMG) 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.


Metallic Minerals Operating Margin % Related Terms

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Metallic Minerals (TSXV:MMG) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

Metallic Minerals (TSXV:MMG) Headlines

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