Encounter Resources Profit margin
What is the Profit margin of Encounter Resources?
The Profit margin of Encounter Resources Limited is -547.89%
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 Encounter Resources
What does Encounter Resources do?
Encounter Resources Limited engages in the exploration and development of mineral deposits in Australia. It explores for zinc, copper, gold, and cobalt deposits. The company holds interests in the Lamil and Yeneena projects located in the Paterson Province, Western Australia. It also holds interests in the Aileron project situated in the West Arunta, Western Australia; and the Elliott copper project located in the Northern Territory. The company was incorporated in 2004 and is based in Subiaco, Australia.
Companies with profit margin similar to Encounter Resources
- Resaas Services has Profit margin of -556.65%
- Whiting Petroleum Corp has Profit margin of -553.90%
- Black Cat Syndicate has Profit margin of -553.63%
- Eurosport Active World has Profit margin of -552.27%
- The Mandhana Retail Ventures has Profit margin of -550.88%
- QDM International has Profit margin of -548.31%
- Encounter Resources has Profit margin of -547.89%
- Zenith Minerals has Profit margin of -547.65%
- Galileo Exploration has Profit margin of -544.51%
- WANdisco Plc has Profit margin of -544.48%
- Dyadic International has Profit margin of -543.73%
- Dyadic International has Profit margin of -543.73%
- Dyadic International has Profit margin of -543.73%