Cardinal Resources Profit margin
What is the Profit margin of Cardinal Resources?
The Profit margin of Cardinal Resources Limited is -23,106.25%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Cardinal Resources
What does Cardinal Resources do?
Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. The company primarily explores for gold deposits. Its principal project is Namdini Gold project covering an area of 63 square kilometers located in the Bolgatanga region. Cardinal Resources Limited was incorporated in 2010 is based in West Perth, Australia.
Companies with profit margin similar to Cardinal Resources
- Yield10 Bioscience Inc has Profit margin of -24,091.67%
- Ardea Resources has Profit margin of -23,955.53%
- Navidea Biopharmaceuticals Inc has Profit margin of -23,920.26%
- Lefroy Exploration has Profit margin of -23,800.00%
- Reata Pharmaceuticals Inc has Profit margin of -23,659.05%
- Timber Pharmaceuticals has Profit margin of -23,349.40%
- Cardinal Resources has Profit margin of -23,106.25%
- RTG Mining has Profit margin of -23,000.00%
- RTG Mining has Profit margin of -23,000.00%
- European Cobalt has Profit margin of -22,530.97%
- Australian Potash has Profit margin of -22,491.89%
- Celsius Resources has Profit margin of -22,038.46%
- Latin Resources has Profit margin of -21,362.64%