Akora Resources Ltd Operating margin
What is the Operating margin of Akora Resources Ltd?
The Operating margin of Akora Resources Ltd is -1,900,439.00%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Materials sector on ASX compared to Akora Resources Ltd
What does Akora Resources Ltd do?
Akora Resources Limited engages in the exploration and development of iron ore projects in Madagascar. Its flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering 93.5 square kilometers located in south central Madagascar. The company was formerly known as Indian Pacific Resources Limited. Akora Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.
Companies with operating margin similar to Akora Resources Ltd
- Riversgold has Operating margin of -4,833,968.00%
- Harfang Exploration has Operating margin of -2,457,902.50%
- Far East Gold has Operating margin of -2,311,642.00%
- Meteoric Resources NL has Operating margin of -2,220,420.00%
- Kina Petroleum has Operating margin of -2,203,310.50%
- Nimy Resources Ltd has Operating margin of -1,969,828.70%
- Akora Resources Ltd has Operating margin of -1,900,439.00%
- Kogi Iron has Operating margin of -1,886,781.40%
- Highfield Resources has Operating margin of -1,569,540.10%
- Reedy Lagoon has Operating margin of -1,443,459.70%
- Allogene Therapeutics Inc has Operating margin of -1,376,590.48%
- MetalsTech has Operating margin of -1,139,362.40%
- Pacgold has Operating margin of -1,124,519.20%