The historical rank and industry rank for Sabre Gold Mines's Gross Margin % or its related term are showing as below:
TSX:SGLD's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17 * Ranked among companies with meaningful Gross Margin % only.
Sabre Gold Mines had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Sabre Gold Mines was 0.00% per year.
Sabre Gold Mines Gross Margin % Historical Data
The historical data trend for Sabre Gold Mines's Gross 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.
Competitive Comparison of Sabre Gold Mines's Gross Margin %
For the Gold subindustry, Sabre Gold Mines's Gross Margin %, along with its competitors' market caps and Gross 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.
Sabre Gold Mines's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sabre Gold Mines's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sabre Gold Mines's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Sabre Gold Mines had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Sabre Gold Mines Gross Margin % Related Terms
Thank you for viewing the detailed overview of Sabre Gold Mines's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sabre Gold Mines Corp is a mineral exploration and development company currently focused on advancing the fully permitted past-producing Copperstone mine and on the past-producing Brewery Creek mine. Its project is situated within the Arizona portion of the Prolific Walker Lane Belt in the Southwestern United States. It operates Gold Mine in La Paz County, Arizona, United States, and the Brewery Creek property in the Yukon, Canada.
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