Horizon Gold Ltd
ASX:HRN

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Horizon Gold Ltd
ASX:HRN
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Price: 0.965 AUD 6.63% Market Closed
Market Cap: AU$163.7m

Operating Margin

-892.2%
Current
Improving
by 826.6%
vs 3-y average of -1 718.9%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-892.2%
=
Operating Income
AU$-1m
/
Revenue
AU$116k

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-892.2%
=
Operating Income
AU$-1m
/
Revenue
AU$116k

Peer Comparison

Country Company Market Cap Operating
Margin
AU
Horizon Gold Ltd
ASX:HRN
163.7m AUD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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CN
Zijin Mining Group Co Ltd
SSE:601899
1.1T CNY
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US
Newmont Corporation
NYSE:NEM
122.6B USD
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AU
Greatland Gold PLC
ASX:GGP
173.8B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
130.2B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
642.4B HKD
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CA
Barrick Mining Corp
F:ABR0
66.9B EUR
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CA
Barrick Gold Corp
TSX:ABX
105B CAD
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CA
Wheaton Precious Metals Corp
TSX:WPM
81.6B CAD
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ZA
AngloGold Ashanti Ltd
NYSE:AU
46.8B USD
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Market Distribution

Lower than 74% of companies in Australia
Percentile
26th
Based on 3 951 companies
26th percentile
-892.2%
Low
-14 949 200% — -526.4%
Typical Range
-526.4% — 6.1%
High
6.1% — 145 596.9%
Distribution Statistics
Australia
Min -14 949 200%
30th Percentile -526.4%
Median -25.2%
70th Percentile 6.1%
Max 145 596.9%

Horizon Gold Ltd
Glance View

Market Cap
163.7m AUD
Industry
Metals & Mining

Horizon Gold Ltd. engages in the mining and exploration business. The company is headquartered in Fremantle, Western Australia. The company went IPO on 2016-12-21. The firm is focused on its exploration and development activities at the Gum Creek Gold Project. The Gum Creek Gold Project is located approximately 640 kilometers northeast of Perth, Western Australia and 90 kilometers from the nearest town of Sandstone. The Gum Creek Gold Project has approximately 18.6 million tons of gold at an average grade of 2.3 grams per ton gold containing 1.36 million ounces of gold. The project has 48 mining tenements with resources held on granted mining leases. The project includes various mineralization types, including Quartz-carbonate-pyrite, which includes Swan and Swift, Kingfisher, Howard, and Altair Copper-Zinc Prospects. Swan Mineral Resource is located in the main historic mining area approximately 700 meters from the historic Gidgee mill. The Swift Mineral Resource is located approximately 1.2 kilometers east of the historic Gidgee mill.

HRN Intrinsic Value
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
-892.2%
=
Operating Income
AU$-1m
/
Revenue
AU$116k
What is Horizon Gold Ltd's current Operating Margin?

The current Operating Margin for Horizon Gold Ltd is -892.2%, which is above its 3-year median of -1 718.9%.

How has Operating Margin changed over time?

Over the last 3 years, Horizon Gold Ltd’s Operating Margin has decreased from -335.2% to -892.2%. During this period, it reached a low of -3 542.4% on Jun 30, 2024 and a high of -106.7% on Dec 31, 2022.

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