Steppe Gold Ltd
TSX:STGO
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Steppe Gold Ltd
Gross Margin
Steppe Gold Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | MN |
| Market Cap | 161.8m CAD |
| Gross Margin |
54%
|
| Country | ZA |
| Market Cap | 165B Zac |
| Gross Margin |
19%
|
| Country | ZA |
| Market Cap | 91B Zac |
| Gross Margin |
6%
|
| Country | ZA |
| Market Cap | 51.8B Zac |
| Gross Margin |
5%
|
| Country | ZA |
| Market Cap | 44.6B Zac |
| Gross Margin |
16%
|
| Country | ZA |
| Market Cap | 36.7B Zac |
| Gross Margin |
8%
|
| Country | MX |
| Market Cap | 4.7B GBP |
| Gross Margin |
22%
|
| Country | MX |
| Market Cap | 112.4B MXN |
| Gross Margin |
21%
|
| Country | RU |
| Market Cap | 541.8B RUB |
| Gross Margin |
43%
|
| Country | CY |
| Market Cap | 4.5B Zac |
| Gross Margin |
21%
|
| Country | GG |
| Market Cap | 2.4B Zac |
| Gross Margin |
39%
|
Steppe Gold Ltd
Glance View
Steppe Gold Ltd. engages in the exploration and development of precious metals in Mongolia. The firm is focused on development of its flagship ATO project, a gold and silver mine. In addition, the Company has approximately 20,000 meter drill program underway at Mungu, northeast of the ATO resource. The firm has also commenced exploration at the Uudam Khundii property.The Uudam Khundii property is comprised of one exploration licence covering around 14,500 hectares. The project area is located 800 km south-west of Ulaanbaatar.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Steppe Gold Ltd's most recent financial statements, the company has Gross Margin of 53.6%.
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