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Goldex Resources (TSXV:GDX) Net Margin % : 0.00% (As of Sep. 2023)


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What is Goldex Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Goldex Resources's Net Income for the three months ended in Sep. 2023 was C$-0.16 Mil. Goldex Resources's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Goldex Resources's net margin for the quarter that ended in Sep. 2023 was 0.00%.

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


TSXV:GDX's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.04
* Ranked among companies with meaningful Net Margin % only.

Goldex Resources Net Margin % Historical Data

The historical data trend for Goldex Resources's Net 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.

Goldex Resources Net Margin % Chart

Goldex Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
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Goldex Resources Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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Competitive Comparison of Goldex Resources's Net Margin %

For the Gold subindustry, Goldex Resources's Net Margin %, along with its competitors' market caps and Net 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.


Goldex Resources's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Goldex Resources's Net Margin % falls into.



Goldex Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Goldex Resources's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-0.454/0
= %

Goldex Resources's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.164/0
= %

* 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.


Goldex Resources  (TSXV:GDX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Goldex Resources Net Margin % Related Terms

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Goldex Resources (TSXV:GDX) Business Description

Traded in Other Exchanges
Address
610 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Goldex Resources Corp is engaged in the process of exploring mineral interests. The company is principally involved in the acquisition and exploration of gold exploration and evaluation assets. Some of its properties are El Pato, Las Minas and Silimanita and San Juan. Geographically, it operates in Canada and Guatemala.
Executives
Raymond Strafehl Director

Goldex Resources (TSXV:GDX) Headlines

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