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Argonaut Resources N L
ASX:ARE

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Argonaut Resources N L
ASX:ARE
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Price: 0.105 AUD -12.5% Market Closed
Market Cap: AU$16.1m

Gross Margin

-2 431.7%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-2 431.7%
=
Gross Profit
AU$-807.3k
/
Revenue
AU$33.2k

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-2 431.7%
=
Gross Profit
AU$-807.3k
/
Revenue
AU$33.2k

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Argonaut Resources N L
ASX:ARE
16.1m AUD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
767.5B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
207.3B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
1T CNY
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US
Newmont Corporation
NYSE:NEM
135.5B USD
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AU
Greatland Gold PLC
ASX:GGP
181.8B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
164.5B CAD
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CA
Barrick Mining Corp
F:ABR0
72.1B EUR
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CA
Barrick Gold Corp
TSX:ABX
116.6B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
600.4B HKD
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Market Distribution

Lower than 96% of companies in Australia
Percentile
4th
Based on 2 544 companies
4th percentile
-2 431.7%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Argonaut Resources N L
Glance View

Market Cap
16.1m AUD
Industry
Metals & Mining

Argonaut Resources NL engages in the exploration and development of minerals including gold and copper. The company is headquartered in Adelaide, South Australia. The Company’s base metals projects in Australia include Torrens, Murdie, Kroombit, Aroona and Higginsville. The base metals projects in Zambia include Lumwana West, Kalaba East and Kamapanda. The exploration license for base metals projects in Australia includes EL 6407, EL5937, EL5945, EL5336 and mineral license (ML) 5631. The Lumwana West, Kalaba East and Kamapanda projects are located in the Central African Copperbelt, North-Western Province, Zambia. The firm's gold project, Higginsville, is located approximately nine kilometers south of the Higginsville gold mining camp that lies between St Ives and Norseman gold mining districts. The gold Higginsville Project includes Amorphous, Footes Find and Island prospects. The firm's subsidiaries include Kelaray Pty Limited, Trachre Pty Limited and Arctic Scene Ltd.

ARE Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-2 431.7%
=
Gross Profit
AU$-807.3k
/
Revenue
AU$33.2k
What is Argonaut Resources N L's current Gross Margin?

The current Gross Margin for Argonaut Resources N L is -2 431.7%, which is in line with its 3-year median of -2 431.7%.

How has Gross Margin changed over time?

Over the last 2 years, Argonaut Resources N L’s Gross Margin has increased from -4 288.1% to -2 431.7%. During this period, it reached a low of -4 288.1% on Dec 31, 2021 and a high of 49.1% on Dec 31, 2022.

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