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Tietto Minerals Ltd
ASX:TIE

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Tietto Minerals Ltd
ASX:TIE
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Price: 0.675 AUD Market Closed
Market Cap: AU$773.9m

Gross Margin

21.4%
Current
Declining
by 5.8%
vs 3-y average of 27.2%

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
21.4%
=
Gross Profit
AU$54.8m
/
Revenue
AU$255.7m

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
21.4%
=
Gross Profit
AU$54.8m
/
Revenue
AU$255.7m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Tietto Minerals Ltd
ASX:TIE
762.7m AUD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
797.4B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.2B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
1.1T CNY
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US
Newmont Corporation
NYSE:NEM
142.5B USD
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AU
Greatland Gold PLC
ASX:GGP
182.5B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
170.8B CAD
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CA
Barrick Mining Corp
F:ABR0
71.8B EUR
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CA
Barrick Gold Corp
TSX:ABX
115.9B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
611.4B HKD
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Market Distribution

Lower than 70% of companies in Australia
Percentile
30th
Based on 2 544 companies
30th percentile
21.4%
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%

Tietto Minerals Ltd
Glance View

Market Cap
773.9m AUD
Industry
Metals & Mining

Tietto Minerals Ltd. engages in the development and exploration of the Abujar Gold Project. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-01-18. The Company’s Abujar Gold Project is located approximately 30 kilometers (km) from the major regional city of Daloa in central western Cote D’Ivoire. The Abujar Gold Project is comprised of three contiguous tenements, Middle, South and North tenement, with a total land area of approximately 1,114 square kilometers (km2). The company features an NNE-orientated gold corridor over 70 kilometer (km) striking across three tenements. The company has completed its resource drilling campaign at Abujar with approximately four diamond drill rigs of its own fleet of total six diamond drill rigs, completing over 61,000 meters of diamond drilling.

TIE Intrinsic Value
Not Available
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
21.4%
=
Gross Profit
AU$54.8m
/
Revenue
AU$255.7m
What is Tietto Minerals Ltd's current Gross Margin?

The current Gross Margin for Tietto Minerals Ltd is 21.4%, which is below its 3-year median of 27.2%.

How has Gross Margin changed over time?

Over the last 2 years, Tietto Minerals Ltd’s Gross Margin has increased from -441.2% to 21.4%. During this period, it reached a low of -3 253.6% on Jun 30, 2022 and a high of 84.4% on Dec 31, 2022.

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