Rusoro Mining Profit margin
What is the Profit margin of Rusoro Mining?
The Profit margin of Rusoro Mining Ltd. is 0.00%
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 TSXV compared to Rusoro Mining
What does Rusoro Mining do?
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mineral properties in Venezuela. It primarily holds a 95% interests in the Choco 10 mine; and 50% interest in the Isidora mine located in the El Callao district in south-eastern Venezuela. The company was formerly known as Newton Ventures Inc. and changed its name to Rusoro Mining Ltd. in November 2006. Rusoro Mining Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada.
Companies with profit margin similar to Rusoro Mining
- Sys plc has Profit margin of -0.03%
- e LDLC societe anonyme has Profit margin of -0.03%
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- Rusoro Mining has Profit margin of 0.00%
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- Responsive Industries has Profit margin of 0.01%
- Stellantis N.V has Profit margin of 0.01%
- Adams Resources & has Profit margin of 0.01%