29Metals Ltd
ASX:29M
Net Margin
29Metals Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
Country | Company | Market Cap |
Net Margin |
||
---|---|---|---|---|---|
AU |
2
|
29Metals Ltd
ASX:29M
|
349m AUD |
-32%
|
|
AU |
![]() |
BHP Group Ltd
ASX:BHP
|
183.2B AUD |
21%
|
|
AU |
![]() |
Rio Tinto Ltd
ASX:RIO
|
169.1B AUD |
22%
|
|
UK |
![]() |
Rio Tinto PLC
LSE:RIO
|
69.3B GBP |
22%
|
|
CH |
![]() |
Glencore PLC
LSE:GLEN
|
35B GBP |
-1%
|
|
MX |
![]() |
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
844.8B MXN |
22%
|
|
SA |
![]() |
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
10%
|
|
UK |
![]() |
Anglo American PLC
LSE:AAL
|
28.7B GBP |
-11%
|
|
ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.5B Zac |
29%
|
|
CN |
![]() |
CMOC Group Ltd
SSE:603993
|
176B CNY |
7%
|
|
IN |
![]() |
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
30%
|
29Metals Ltd
Glance View
29Metals Ltd. engages in the exploration and development of copper and base and precious metals resources. The firm is engaged in exploring, developing and producing metals in the form of mineral concentrates which are sold to commodity trading firms or smelters for refining and on-sale as a refined metal product for end use. The firm has a portfolio of exploration interests, including regional tenement interests surrounding Capricorn Copper and Golden Grove, and a project in Redhill located in Chile. The Golden Grove mine is located in the mid-west region of Western Australia, approximately 450 kilometer (km) north-east of Perth and 250 km east of Geraldton. The Capricorn Copper is located approximately 120 km north of Mount Isa. The Redhill has a prospective for copper, silver and gold.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on 29Metals Ltd's most recent financial statements, the company has Net Margin of -32.2%.