Avanti Gold (XCNQ:AGC) Gross-Profit-to-Asset % : 0.00% (As of Jan. 2024)

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What is Avanti Gold 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. Avanti Gold's annualized Gross Profit for the quarter that ended in Jan. 2024 was C$0.00 Mil. Avanti Gold's average Total Assets over the quarter that ended in Jan. 2024 was C$0.08 Mil. Therefore, Avanti Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 0.00%.

Avanti Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Avanti Gold'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.

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Avanti Gold Gross-Profit-to-Asset % Chart

Avanti Gold Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross-Profit-to-Asset %

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Avanti Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Avanti Gold's Gross-Profit-to-Asset %

For the Gold subindustry, Avanti Gold'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.

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

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

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

Avanti Gold Gross-Profit-to-Asset % Calculation

Avanti Gold's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Apr. 2023 )	/	( (Total Assets (A: Apr. 2022 )	+	Total Assets (A: Apr. 2023 ))	/ count )
	=	0	/	( (0.057	+	0.354)	/ 2 )
	=	0	/	0.2055
	=	0.00 %

Avanti Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	0	/	( (0.082	+	0.086)	/ 2 )
	=	0	/	0.084
	=	0.00 %

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 (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Avanti Gold Gross-Profit-to-Asset % Related Terms

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Avanti Gold (XCNQ:AGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avanti Gold Corp (XCNQ:AGC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

X370:Germany

Address

1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9

Website

https://www.avantigoldcorp.com

Avanti Gold Corp is a mineral exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo, located in the Fizi territory of South Kivu province. The Misisi Gold Project has a contained Inferred Mineral Resource of 3 million ounces of gold. The Project is comprised of three contiguous 30-year mining leases, covering 133 square kilometers of prospective exploration ground along the 55-kilometer-long Kibara Gold Belt.

Executives

The K2 Principal Fund L.p.

10% Security Holder