Gold Mountain Mining (TSX:GMTN) COGS-to-Revenue : 5.34 (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Gold Mountain Mining COGS-to-Revenue?

Gold Mountain Mining's Cost of Goods Sold for the three months ended in Jan. 2024 was C$2.27 Mil. Its Revenue for the three months ended in Jan. 2024 was C$0.42 Mil.

Gold Mountain Mining's COGS to Revenue for the three months ended in Jan. 2024 was 5.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gold Mountain Mining's Gross Margin % for the three months ended in Jan. 2024 was -434.20%.

Gold Mountain Mining COGS-to-Revenue Historical Data

The historical data trend for Gold Mountain Mining's COGS-to-Revenue 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.

Gold Mountain Mining COGS-to-Revenue Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

COGS-to-Revenue

Get a 7-Day Free Trial

0.99

1.38

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial										0.72	0.62	1.14	2.51	5.34

Gold Mountain Mining COGS-to-Revenue Calculation

Gold Mountain Mining's COGS to Revenue for the fiscal year that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.807	/	8.576
	=	1.38

Gold Mountain Mining's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.265	/	0.424
	=	5.34

Gold Mountain Mining (TSX:GMTN) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Gold Mountain Mining's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.265 / 0.424
	=	-434.20 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Gold Mountain Mining COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Gold Mountain Mining's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Gold Mountain Mining (TSX:GMTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (TSX:GMTN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GMTNF:USA 5XFA:Germany

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.

Gold Mountain Mining (TSX:GMTN) Headlines

No Headlines