Azure Minerals Ltd
ASX:AZS
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AU |
|
Azure Minerals Ltd
ASX:AZS
|
1.7B AUD |
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|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
256.4B AUD |
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|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
252.9B AUD |
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|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
108.6B GBP |
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|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN |
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|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
61B GBP |
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|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR |
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|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
428.5B CNY |
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|
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
51.6B USD |
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|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
37.2B GBP |
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|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
42.4B ZAR |
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|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
Azure Minerals Ltd
Glance View
Azure Minerals Ltd., an Australian company nestled in the high-stakes world of mineral exploration and development, aims to carve out its niche through strategic discovery and project advancement. Since its inception, Azure has set its sights on uncovering valuable mineral deposits, particularly in Mexico and Western Australia. Their keen focus is on precious and base metals like gold, silver, copper, and nickel—commodities that are the bedrock of modern industries. Mining companies like Azure are essentially treasure hunters on a grand scale, using a combination of traditional geological techniques and cutting-edge technology to identify lucrative mineral deposits. Their exploration projects, which are spread across vast and geologically rich areas, serve as the heart of their business operations. Azure navigates through the complexities of geology, while continually seeking to expand and refine its resource base. The company's revenue model is intricately tied to its success in discovering commercially viable mineral deposits and bringing them from exploration to production. Azure primarily monetizes its discoveries by advancing its projects through stages of development, potentially, either selling them to larger mining entities or entering into joint ventures. This flexibility allows Azure to adapt to the volatile nature of commodity markets, balancing exploration risks with economic opportunities. For instance, a successful discovery could lead to a lucrative partnership with a mining giant, providing a stable cash flow while the project is advanced into the production phase. Furthermore, the sharing of resources and expertise through such alliances reduces the financial and operational risks typically associated with mining ventures. Thus, Azure Minerals Ltd. navigates its path through strategic exploration and partnerships, with the ultimate goal of transforming its mineral targets into tangible returns.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Azure Minerals Ltd is -24.2%, which is above its 3-year median of -778.9%.
Over the last 3 years, Azure Minerals Ltd’s Gross Margin has decreased from 257.5% to -24.2%. During this period, it reached a low of -66 405.9% on Jun 30, 2022 and a high of 257.5% on Dec 31, 2020.