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Silver One Resources (TSXV:SVE) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Silver One Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Silver One Resources's Gross Profit for the three months ended in Mar. 2024 was C$-0.01 Mil. Silver One Resources's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Silver One Resources's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


The historical rank and industry rank for Silver One Resources's Gross Margin % or its related term are showing as below:


TSXV:SVE's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

Silver One Resources had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Silver One Resources was 0.00% per year.


Silver One Resources Gross Margin % Historical Data

The historical data trend for Silver One Resources's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silver One Resources Gross Margin % Chart

Silver One Resources Annual Data
Trend Oct14 Oct15 Oct16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Silver One Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Silver One Resources's Gross Margin %

For the Silver subindustry, Silver One Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silver One Resources's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Silver One Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Silver One Resources's Gross Margin % falls into.



Silver One Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Silver One Resources's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.021) / 0
= %

Silver One Resources's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.005) / 0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Silver One Resources  (TSXV:SVE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Silver One Resources had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Silver One Resources Gross Margin % Related Terms

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Silver One Resources (TSXV:SVE) Business Description

Traded in Other Exchanges
Address
200-550 Denman Street, Vancouver, BC, CAN, V6G3H1
Silver One Resources Inc is engaged in the acquisition, exploration and development of mineral properties. It holds interest in the Candelaria silver project located in Nevada and has claims staked in eastern Nevada, including the Cherokee project. The company also has an option agreement to acquire 100% interest in the Phoenix Silver property in Arizona.
Executives
Kenneth Engquist Director

Silver One Resources (TSXV:SVE) Headlines

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