New Break Resources (XCNQ:NBRK) Net Margin % : 0.00% (As of Dec. 2023)

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What is New Break Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. New Break Resources's Net Income for the three months ended in Dec. 2023 was C$-0.13 Mil. New Break Resources's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, New Break Resources's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for New Break Resources's Net Margin % or its related term are showing as below:

XCNQ:NBRK's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -0.17
* Ranked among companies with meaningful Net Margin % only.

New Break Resources Net Margin % Historical Data

The historical data trend for New Break Resources's Net 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.

New Break Resources Net Margin % Chart

New Break Resources Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

New Break Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of New Break Resources's Net Margin %

For the Gold subindustry, New Break Resources's Net Margin %, along with its competitors' market caps and Net 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.

New Break Resources's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Break Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where New Break Resources's Net Margin % falls into.

New Break Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

New Break Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-1.034	/	0
	=	%

New Break Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.127	/	0
	=	%

New Break Resources (XCNQ:NBRK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

New Break Resources Net Margin % Related Terms

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New Break Resources (XCNQ:NBRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Break Resources Ltd (XCNQ:NBRK) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, CAN, M5C 1C4

Website

https://www.newbreakresources.ca

New Break Resources Ltd is a Canadian mineral exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada. New Break is focused on gold exploration at its Moray Gold Project, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. and at its four projects in Kivalliq Region, Nunavut, including the Sundog Gold Project and Esker Gold Project.

Executives

William Donald Love

Senior Officer

New Break Resources (XCNQ:NBRK) Headlines

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