GoldMining Cost Of Revenue from 2010 to 2024

GLDG Stock  USD 0.86  0.03  3.37%   
GoldMining's Cost Of Revenue is decreasing over the last several years with stable swings. Cost Of Revenue is estimated to finish at about 274.9 K this year. During the period from 2010 to 2024 GoldMining Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  114.26 and r-value of (0.26). View All Fundamentals
 
Cost Of Revenue  
First Reported
2011-02-28
Previous Quarter
85 K
Current Value
84 K
Quarterly Volatility
193.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GoldMining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoldMining's main balance sheet or income statement drivers, such as Interest Expense of 1.5 M, Selling General Administrative of 16.7 M or Other Operating Expenses of 30.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.16. GoldMining financial statements analysis is a perfect complement when working with GoldMining Valuation or Volatility modules.
  
Check out the analysis of GoldMining Correlation against competitors.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.

Latest GoldMining's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of GoldMining over the last few years. Cost of Revenue is found on GoldMining income statement and represents the costs associated with goods and services GoldMining provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is GoldMining's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GoldMining's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Pretty Stable
   Cost Of Revenue   
       Timeline  

GoldMining Cost Of Revenue Regression Statistics

Arithmetic Mean287,329
Geometric Mean208,054
Coefficient Of Variation114.26
Mean Deviation154,038
Median236,583
Standard Deviation328,294
Sample Variance107.8B
Range1.4M
R-Value(0.26)
Mean Square Error108.1B
R-Squared0.07
Significance0.34
Slope(19,284)
Total Sum of Squares1.5T

GoldMining Cost Of Revenue History

2024274.9 K
2023213.3 K
2022237 K
2021210 K
2020185.6 K
2019275.2 K
2018213.4 K

About GoldMining Financial Statements

GoldMining stakeholders use historical fundamental indicators, such as GoldMining's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although GoldMining investors may analyze each financial statement separately, they are all interrelated. For example, changes in GoldMining's assets and liabilities are reflected in the revenues and expenses on GoldMining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in GoldMining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue213.3 K274.9 K

Currently Active Assets on Macroaxis

When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:
Check out the analysis of GoldMining Correlation against competitors.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoldMining. If investors know GoldMining will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Return On Assets
(0.12)
Return On Equity
(0.21)
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoldMining's market value can be influenced by many factors that don't directly affect GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.