Western Gold Resources (ASX:WGR) Net Margin % : 0.00% (As of Dec. 2023)

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What is Western Gold Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Gold Resources's Net Income for the six months ended in Dec. 2023 was A$-1.59 Mil. Western Gold Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Western Gold Resources's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

ASX:WGR's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.08
* Ranked among companies with meaningful Net Margin % only.

Western Gold Resources Net Margin % Historical Data

The historical data trend for Western Gold Resources'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.

Western Gold Resources Net Margin % Chart

Western Gold Resources Annual Data

Trend

Jun21

Jun22

Jun23

Net Margin %

Western Gold Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Western Gold Resources's Net Margin %

For the Gold subindustry, Western Gold Resources'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.

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

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

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

Western Gold Resources 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.

Western Gold Resources's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-1.905	/	0
	=	%

Western Gold Resources'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 )
	=	-1.588	/	0
	=	%

Western Gold Resources (ASX:WGR) 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.

Western Gold Resources Net Margin % Related Terms

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Western Gold Resources (ASX:WGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Gold Resources Ltd (ASX:WGR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

46 Colin Street, Level 4, West Perth, Perth, AUS, 6005

Website

https://www.westerngoldresources.com.au

Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.

Western Gold Resources (ASX:WGR) Headlines

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