Strike Resources Ltd banner

Strike Resources Ltd
ASX:SRK

Watchlist Manager
Strike Resources Ltd Logo
Strike Resources Ltd
ASX:SRK
Watchlist
Price: 0.041 AUD Market Closed
Market Cap: AU$11.6m

Gross Margin

-473.3%
Current
Improving
by 1 961.8%
vs 3-y average of -2 435.1%

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
-473.3%
=
Gross Profit
AU$-1m
/
Revenue
AU$220.5k

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
-473.3%
=
Gross Profit
AU$-1m
/
Revenue
AU$220.5k

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Strike Resources Ltd
ASX:SRK
11.6m AUD
Loading...
ZA
Kumba Iron Ore Ltd
JSE:KIO
117B ZAR
Loading...
BR
Vale SA
BOVESPA:VALE3
373B BRL
Loading...
LU
ArcelorMittal SA
AEX:MT
42.7B EUR
Loading...
AU
Fortescue Metals Group Ltd
ASX:FMG
62.4B AUD
Loading...
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR
Loading...
US
Nucor Corp
NYSE:NUE
40.9B USD
Loading...
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR
Loading...
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR
Loading...
US
Steel Dynamics Inc
NASDAQ:STLD
28.5B USD
Loading...
JP
Nippon Steel Corp
TSE:5401
3.5T JPY
Loading...

Market Distribution

Lower than 94% of companies in Australia
Percentile
6th
Based on 2 544 companies
6th percentile
-473.3%
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%

Strike Resources Ltd
Glance View

Market Cap
11.6m AUD
Industry
Metals & Mining

Strike Resources Ltd. engages in the exploration and evaluation. The company is headquartered in Perth, Western Australia. The company went IPO on 2000-03-07. The Company’s projects include the Paulsens East Iron Ore project and Apurimac Iron Ore project. The Paulsens East Iron Ore project consists of a three-kilometer-long outcropping high-grade hematite ridge, containing a JORC indicated mineral resource of 9.6 million tons, including a JORC Probable Ore reserve of 6.2 million tons and is located in Western Australia. The Apurimac Iron Ore project in Peru and initiated the mining of high-grade surface deposits and entered into an offtake agreement with an international iron ore trading. Apurimac Iron Ore project contains a JORC Mineral Resource of 269 metric tons of iron ore with considerable exploration upside.

SRK Intrinsic Value
0.013 AUD
Overvaluation 68%
Intrinsic Value
Price
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
-473.3%
=
Gross Profit
AU$-1m
/
Revenue
AU$220.5k
What is Strike Resources Ltd's current Gross Margin?

The current Gross Margin for Strike Resources Ltd is -473.3%, which is above its 3-year median of -2 435.1%.

How has Gross Margin changed over time?

Over the last 3 years, Strike Resources Ltd’s Gross Margin has decreased from -24% to -473.3%. During this period, it reached a low of -8 673.1% on Dec 31, 2023 and a high of -24% on Jun 30, 2022.

Back to Top