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Chibougamau Independent Mines (TSXV:CBG) Gross-Profit-to-Asset % : -29.33% (As of Dec. 2023)


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What is Chibougamau Independent Mines Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Chibougamau Independent Mines's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.29 Mil. Chibougamau Independent Mines's average Total Assets over the quarter that ended in Dec. 2023 was C$1.00 Mil. Therefore, Chibougamau Independent Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -29.33%.


Chibougamau Independent Mines Gross-Profit-to-Asset % Historical Data

The historical data trend for Chibougamau Independent Mines's Gross-Profit-to-Asset % 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.

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Chibougamau Independent Mines Gross-Profit-to-Asset % Chart

Chibougamau Independent Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.63 78.47

Chibougamau Independent Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 341.07 -29.33

Competitive Comparison of Chibougamau Independent Mines's Gross-Profit-to-Asset %

For the Other Precious Metals & Mining subindustry, Chibougamau Independent Mines's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Chibougamau Independent Mines's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chibougamau Independent Mines's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Chibougamau Independent Mines's Gross-Profit-to-Asset % falls into.



Chibougamau Independent Mines Gross-Profit-to-Asset % Calculation

Chibougamau Independent Mines's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.607/( (0.616+0.931)/ 2 )
=0.607/0.7735
=78.47 %

Chibougamau Independent Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.292/( (1.06+0.931)/ 2 )
=-0.292/0.9955
=-29.33 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Chibougamau Independent Mines (TSXV:CBG) Business Description

Traded in Other Exchanges
Address
86, 14th Street, Rouyn-Noranda, QC, CAN, J9X 2J1
Chibougamau Independent Mines Inc is a natural resources exploration company. It is focused on reviving production in the Chibougamau gold-copper mining camp. It owns an interest in several exploration properties including Berrigan South and Berrigan Mine, Bateman Bay, Grandroy, Kokko Creek, Lac Simon, and others.
Executives
Lotan Holdings Inc. 10% Security Holder
David Lotan Director

Chibougamau Independent Mines (TSXV:CBG) Headlines

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