29Metals Ltd
ASX:29M
Operating Margin
29Metals Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
AU |
2
|
29Metals Ltd
ASX:29M
|
342.2m AUD |
-20%
|
|
AU |
![]() |
BHP Group Ltd
ASX:BHP
|
183.7B AUD |
41%
|
|
AU |
![]() |
Rio Tinto Ltd
ASX:RIO
|
165.8B AUD |
29%
|
|
UK |
![]() |
Rio Tinto PLC
LSE:RIO
|
67.4B GBP |
29%
|
|
CH |
![]() |
Glencore PLC
LSE:GLEN
|
34.8B GBP |
2%
|
|
MX |
![]() |
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
817.2B MXN |
44%
|
|
SA |
![]() |
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
17%
|
|
UK |
![]() |
Anglo American PLC
LSE:AAL
|
26.9B GBP |
18%
|
|
ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.3B Zac |
-5%
|
|
CN |
![]() |
CMOC Group Ltd
SSE:603993
|
168B CNY |
16%
|
|
IN |
![]() |
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
40%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on 29Metals Ltd's most recent financial statements, the company has Operating Margin of -20.2%.