Tanzanian Gold Corporation
TRX
$0.46
Share price
1.59%
Change (1 day)
-14.81%
Change (1 year)
Categories
Operating Margin for Tanzanian Gold Corporation (TRX)
Operating Margin as of April 2024 (TTM): -12.49%
According to Tanzanian Gold Corporation's latest financial reports and stock price the company's current Operating Margin is -12.49%. At the end of 2022 the company had an Operating Margin of -12.50%.
Operating Margin history for Tanzanian Gold Corporation from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -12.50% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Golden Star Resources
GSS | 19.76% | -258.19% | 🇨🇦 Canada |
 Almaden Minerals
AAU | -6,205,440.00% | 49,683,166.61% | 🇨🇦 Canada |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.