Argo GoldARBTF Gross Margin % is -80.15% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Argo Gold ranks better than 63.56% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Argo Gold's Gross Profit for the
three
months ended in Dec. 2025 was $-0.11 Mil. Argo Gold's Revenue for the
three
months ended in Dec. 2025 was $0.14 Mil. Therefore, Argo Gold's Gross Margin % for the quarter that ended in Dec. 2025 was -80.15%.
The historical rank and industry rank for Argo Gold's Gross Margin % or its related term are showing as below:
ARBTF'
s Gross Margin % Range Over the Past 10 Years
Min: 39.87 Med: 55.49 Max: 69.57
Current: 39.87
During the past 13 years, the highestGross Margin % of Argo Gold was 69.57%. The lowest was 39.87%. And the median was 55.49%.
ARBTF's Gross Margin % is ranked better than 63.56% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs ARBTF: 39.87
Argo Gold had a gross margin of -80.15% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Argo Gold was 0.00% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Argo Gold had a gross margin of -80.15% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Argo Gold Gross Margin % Related Terms
Argo Gold Gross Margin % Historical Data
* Premium members only.
The historical data trend for Argo Gold's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Argo Gold's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Argo Gold Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Argo Gold's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Argo Gold's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Argo Gold (ARBTF) has a Gross Margin % of -80.15% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Argo Gold and its competitors. Over the past decade, Argo Gold's Gross Margin % has ranged from 39.87 to 69.57. According to the industry distribution chart, Argo Gold ranks #266 out of 730 companies in the Metals & Mining industry, placing it in the top 36.4%.
Is Argo Gold's Gross Margin % too high?
Argo Gold's current Gross Margin % is -80.15%. Over the past 10 years, this metric has ranged from a low of 39.87 to a high of 69.57. Based on the distribution chart, Argo Gold ranks #266 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Argo Gold's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Argo Gold ranks #266 out of 730 companies for Gross Margin %. This puts Argo Gold in the upper half of its industry. The industry median Gross Margin % is 26.18. Historically, Argo Gold's own Gross Margin % has ranged from 39.87 to 69.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Argo Gold and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Gold's current Gross Margin % is -80.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Based on GuruFocus' analysis, Argo Gold (ARBTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.06 — trading 27.8% above its estimated fair value. The current Gross Margin % is -80.15%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Argo Gold (ARBTF), the current Gross Margin % is -80.15% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.
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