Magellan Copper & Gold annual gross margin
2018
2019
Magellan Copper & Gold Gross Margin Growth & History (MAGE)
Magellan Copper & Gold's gross margin was −780.26% for fiscal 2019.
View full Magellan Copper & Gold company overviewMagellan Copper & Gold annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | −780.26% | −527.14 pp |
| 2018 | 2018-12-31 | −253.12% | — |
Magellan Copper & Gold quarterly gross margin
Q2.18
Q3.18
Q1.19
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2019 | 2019-03-31 | −191.68% | — |
| Q3 2018 | 2018-09-30 | −3,635.98% | — |
| Q2 2018 | 2018-06-30 | −106.96% | — |
Magellan Copper & Gold gross margin trends
Between the periods ended 2018-12-31 and 2019-12-31, Magellan Copper & Gold's gross margin decreased from −253.12% to −780.26%, a change of −527.14 percentage points. The latest reported quarter, Q1 2019, shows −191.68%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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