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Elevation Gold Mining Corp
XTSX:ELVT

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Elevation Gold Mining Corp
XTSX:ELVT
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Price: 0.075 CAD Market Closed
Market Cap: CA$8.4m

Gross Margin

-3.2%
Current
Improving
by 2%
vs 3-y average of -5.1%

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
-3.2%
=
Gross Profit
$-2m
/
Revenue
$62.3m

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
-3.2%
=
Gross Profit
CA$-2m
/
Revenue
$62.3m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Elevation Gold Mining Corp
XTSX:ELVT
8.4m CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
831B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
223.4B 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
188.4B 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
74.7B 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
609.3B HKD
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Market Distribution

Lower than 90% of companies in Canada
Percentile
10th
Based on 4 108 companies
10th percentile
-3.2%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Elevation Gold Mining Corp
Glance View

Market Cap
8.4m CAD
Industry
Metals & Mining

Elevation Gold Mining Corp. engages in the acquisition, exploration, development, and operation of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-04-10. The Company’s principal operation is the 100% owned Moss Gold-Silver deposit (the Moss Mine) located in Mohave County, Arizona. The firm also has an option to obtain 100% interest in the Hercules Gold Project, located in Lyon County, Nevada. The Company’s Moss Mine Property is an epithermal, brecciated, low sulfidation quartz-calcite vein and stockwork system. The Moss mine extracts gold and silver from ore through heap leaching. The Hercules Gold Project is located in Lyon County Nevada approximately 40 kilometers to the southeast of Reno. The Project comprises of over 1,323 unpatented and approximately four patented lode mining claims, covering an area of approximately 10,000 hectares.

ELVT 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
-3.2%
=
Gross Profit
$-2m
/
Revenue
$62.3m
What is Elevation Gold Mining Corp's current Gross Margin?

The current Gross Margin for Elevation Gold Mining Corp is -3.2%, which is above its 3-year median of -5.1%.

How has Gross Margin changed over time?

Over the last 3 years, Elevation Gold Mining Corp’s Gross Margin has decreased from 56.7% to -3.2%. During this period, it reached a low of -17.4% on Sep 30, 2022 and a high of 56.7% on Mar 3, 2021.

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