True North Copper Ltd
ASX:TNC
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 |
|
True North Copper Ltd
ASX:TNC
|
68.8m AUD |
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|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
256.1B AUD |
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|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
255.5B AUD |
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|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
112.4B GBP |
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|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN |
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|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
59.9B GBP |
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|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
470B CNY |
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|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR |
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|
|
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
61.4B USD |
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|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
41.4B GBP |
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|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
48.1B ZAR |
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|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
True North Copper Ltd
Glance View
True North Copper Ltd is a AU-based company operating in Metals & Mining industry. True North Copper Limited, formerly Duke Exploration Limited, is an Australia-based exploration company. The firm focuses on mining exploration activities. The firm's Projects consist of the Cloncurry Project and Mt Oxide Project. Its Cloncurry Project an indirect interest in 18 mining leases, 11 exploration permits and two exploration permit applications located near Cloncurry in Central Queensland, with a complete copper flotation plant (Sulphide Plant), a solvent extraction crystal plant (Oxide Plant), heap leach pads, tailing impoundment, and waste dumps located on the Great Australia mining leases, comprising of six exploration permits and six mining leases; 12 mining leases and five exploration permits located approximately 150 km north of Mt Isa in Central Queensland and adjacent to its Cloncurry Project Tenements, and two exploration permit. Its Mt Oxide Project consists of three exploration permits located approximately 140 km north of Mt Isa in Central Queensland.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for True North Copper Ltd is 77.1%, which is above its 3-year median of 68.4%.
Over the last 1 years, True North Copper Ltd’s Gross Margin has increased from 51.4% to 77.1%. During this period, it reached a low of 51.4% on May 30, 2024 and a high of 77.1% on Jul 30, 2025.
