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Prime Mining (TSX:PRYM) Gross-Profit-to-Asset % : -0.36% (As of Mar. 2024)


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What is Prime Mining Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Prime Mining's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.16 Mil. Prime Mining's average Total Assets over the quarter that ended in Mar. 2024 was C$44.94 Mil. Therefore, Prime Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.36%.


Prime Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for Prime Mining's Gross-Profit-to-Asset % 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.

Prime Mining Gross-Profit-to-Asset % Chart

Prime Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -1.22 -0.40 -0.42 -0.40

Prime Mining Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.63 -0.54 -0.34 -0.34 -0.36

Competitive Comparison of Prime Mining's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Prime Mining's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Prime Mining's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Prime Mining's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Prime Mining's Gross-Profit-to-Asset % falls into.



Prime Mining Gross-Profit-to-Asset % Calculation

Prime Mining's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-0.171/( (38.105+47.908)/ 2 )
=-0.171/43.0065
=-0.40 %

Prime Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.16/( (47.908+41.97)/ 2 )
=-0.16/44.939
=-0.36 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Prime Mining Gross-Profit-to-Asset % Related Terms

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Prime Mining (TSX:PRYM) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Prime Mining Corp is engaged in the acquisition, exploration, and development of mineral resource properties, primarily targeting high-value and specialty metals. The company's projects include Los Reyes; Magenta and others. The Company has one operating segment, which is the acquisition and exploration of mineral properties.
Executives
Kerry Elwyn Sparkes Director

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