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Sandfire Resources America (TSXV:SFR) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Sandfire Resources America Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sandfire Resources America's Gross Profit for the three months ended in Mar. 2024 was C$-0.08 Mil. Sandfire Resources America's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Sandfire Resources America's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


The historical rank and industry rank for Sandfire Resources America's Gross Margin % or its related term are showing as below:


TSXV:SFR's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.29
* Ranked among companies with meaningful Gross Margin % only.

Sandfire Resources America 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 Sandfire Resources America was 0.00% per year.


Sandfire Resources America Gross Margin % Historical Data

The historical data trend for Sandfire Resources America'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.

* Premium members only.

Sandfire Resources America Gross Margin % Chart

Sandfire Resources America Annual Data
Trend Sep14 Sep15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
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Sandfire Resources America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sandfire Resources America's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Sandfire Resources America'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.


Sandfire Resources America's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sandfire Resources America's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sandfire Resources America's Gross Margin % falls into.



Sandfire Resources America Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Sandfire Resources America's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.242) / 0
= %

Sandfire Resources America's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.081) / 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.

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.


Sandfire Resources America  (TSXV:SFR) Gross Margin % Explanation

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

Sandfire Resources America 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.


Sandfire Resources America Gross Margin % Related Terms

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Sandfire Resources America (TSXV:SFR) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group. The Company's operations are limited to a single industry segment being the acquisition, exploration, and development of resource properties.

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