Renascor Resources Ltd
ASX:RNU

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Renascor Resources Ltd
ASX:RNU
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Price: 0.059 AUD 3.51% Market Closed
Market Cap: 150m AUD

Operating Margin
Renascor Resources Ltd

33.9%
Current
-6 089%
Average
11.5%
Industry

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
33.9%
=
Operating Profit
1.8m
/
Revenue
5.2m

Operating Margin Across Competitors

Renascor Resources Ltd
Glance View

Market Cap
150m AUD
Industry
Energy

Renascor Resources Ltd. engages in the exploration and evaluation of mineral property. The company is headquartered in Adelaide, South Australia. The company went IPO on 2010-12-15. The firm has a portfolio, holding interests in key mineral provinces of South Australia. Its projects include the Siviour Battery Anode Materials Project, Carnding Gold Project, Marree Project, Olary Project and Eastern Eyre Project. The Siviour Battery Anode Materials Project is located near Arno Bay, South Australia. The project includes offtake marketing, sample preparation and advanced battery and metallurgical testing. The firm has maintained exploration portfolio, identifying and maintaining pipeline of targets for development of gold, copper, nickel, cobalt and other mineral assets. The Company’s activities include advancing near-surface gold prospects within the Carnding Gold Project, including preparations for drill-testing the high-grade Soyuz gold prospect.

RNU Intrinsic Value
HIDDEN
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What is Operating Margin?

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
33.9%
=
Operating Profit
1.8m
/
Revenue
5.2m
What is the Operating Margin of Renascor Resources Ltd?

Based on Renascor Resources Ltd's most recent financial statements, the company has Operating Margin of 33.9%.

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