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Magnum Mining and Exploration Revenue

What is the Revenue of Magnum Mining and Exploration?

The Revenue of Magnum Mining and Exploration Limited is AUD$52.00

What is the definition of Revenue?



Revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

ttm (trailing twelve months)

Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period.

In accounting, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.

Revenue of companies in the Materials sector on ASX compared to Magnum Mining and Exploration

What does Magnum Mining and Exploration do?

Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has a purchase agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States. The company was incorporated in 1986 and is based in Sydney, Australia.

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