Xanadu Mines Profit margin
What is the Profit margin of Xanadu Mines?
The Profit margin of Xanadu Mines Limited is -181.77%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on TSX compared to Xanadu Mines
What does Xanadu Mines do?
Xanadu Mines Limited engages in the exploration and development of various mineral projects in Mongolia. The company primarily explores for copper and gold deposits. Its flagship project is the Kharmagtai copper-gold project located in Omnogovi province to the southeast of Ulaanbaatar. The company also holds interest in the Red Mountain copper-gold project located in the Dornogovi Province of southern Mongolia. Xanadu Mines Limited has a strategic partnership with Zijin Mining Group Co., Ltd to progress the Kharmagtai copper-gold project through its next phase of project evaluation and decision on future development. The company was incorporated in 2005 and is headquartered in Sydney, Australia.
Companies with profit margin similar to Xanadu Mines
- 17 Education & Technology has Profit margin of -182.37%
- TAKE Solutions has Profit margin of -182.33%
- TAKE Solutions has Profit margin of -182.33%
- Aspira Women's Health has Profit margin of -182.32%
- Red Hill Iron has Profit margin of -182.26%
- ProStar has Profit margin of -182.04%
- Xanadu Mines has Profit margin of -181.77%
- Legend Biotech Corp has Profit margin of -181.75%
- Oakdale Resources has Profit margin of -181.25%
- Diamond Offshore Drilling has Profit margin of -181.15%
- Hao Wen has Profit margin of -181.07%
- The Crypto has Profit margin of -180.79%
- Pantheon Resources Plc has Profit margin of -180.35%