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Nine Mile Metals (XCNQ:NINE) Net Margin % : 0.00% (As of Dec. 2023)


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What is Nine Mile Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nine Mile Metals's Net Income for the three months ended in Dec. 2023 was C$-0.45 Mil. Nine Mile Metals's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Nine Mile Metals's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


XCNQ:NINE's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.17
* Ranked among companies with meaningful Net Margin % only.

Nine Mile Metals Net Margin % Historical Data

The historical data trend for Nine Mile Metals'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.

Nine Mile Metals Net Margin % Chart

Nine Mile Metals Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
- - - - -

Nine Mile Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Net Margin % 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 - - - - -

Competitive Comparison of Nine Mile Metals's Net Margin %

For the Gold subindustry, Nine Mile Metals'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.


Nine Mile Metals's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nine Mile Metals's Net Margin % falls into.



Nine Mile Metals 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.

Nine Mile Metals's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-2.696/0
= %

Nine Mile Metals's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.451/0
= %

* 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.


Nine Mile Metals  (XCNQ:NINE) 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.


Nine Mile Metals Net Margin % Related Terms

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Nine Mile Metals (XCNQ:NINE) Business Description

Traded in Other Exchanges
Address
350 - 1650 West 2nd Avenue, Vancouver, BC, CAN, V6J 1H4
Nine Mile Metals Ltd is a gold exploration company focused on acquiring mineral properties. The principal business of the Company is to acquire, explore, and develop mineral properties and ultimately seek earnings by exploiting mineral claims. The company holds an interest in the Millennium Gold Property, Nine-mile brook, California lake, and Canoe lake. It conducts exploration activities in the United States.