Red River Resources Ltd
ASX:RVR
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 |
R
|
Red River Resources Ltd
ASX:RVR
|
37.8m AUD |
Loading...
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
278.1B AUD |
Loading...
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
261.2B AUD |
Loading...
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
118.4B GBP |
Loading...
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN |
Loading...
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
60.8B GBP |
Loading...
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
488.6B CNY |
Loading...
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR |
Loading...
|
|
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
65.3B USD |
Loading...
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
43.1B GBP |
Loading...
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
45.3B ZAR |
Loading...
|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
Red River Resources Ltd
Glance View
Red River Resources Ltd. is a diversified mineral exploration company. The company is headquartered in Melbourne, Victoria and currently employs 75 full-time employees. The company went IPO on 2005-07-15. The Company’s projects include Thalanga Operation and Hillgrove Gold Mines. The Thalanga Operation is located approximately 60 kilometers South West of Charters Towers in Central Queensland, Australia. The company consists of approximately 650 kilotons per annum capacity milling facility, which produces separate copper, lead and zinc concentrates. Thalanga Far West is located approximately 500 meters from the Thalanga Mill. The minerals contained in the massive sulfide mineralisation are chalcopyrite, galena and sphalerite. The company also contains material quantities of silver and gold. The Liontown polymetallic volcanogenic hosts massive sulfide deposit is located 40km southwest of Charters Towers in North Queensland. The Hillgrove Gold Mine is located 30 kilometers from Armidale in New South Wales. The company has produced approximately 730,000 ounces of gold, 50,000 tons of antimony as metal.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
Over the last 3 years, Red River Resources Ltd’s Gross Margin has decreased from 46.4% to 37.2%. During this period, it reached a low of 15.6% on Jun 30, 2020 and a high of 47.5% on Jun 30, 2021.
