MinerosBOG:MINEROS +3.43%88 Gross Margin % is 48.86% as of Mar. 2026, which is 56% above its 10-year median of 31.36. GuruFocus rates BOG:MINEROS with a GF Score™ of 88/100 and a GF Value™ of COP6,964.64 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 730 Metals & Mining companies, Mineros ranks better than 68.36% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Mineros's Gross Profit for the
three
months ended in Mar. 2026 was COP523,983 Mil. Mineros's Revenue for the
three
months ended in Mar. 2026 was COP1,072,472 Mil. Therefore, Mineros's Gross Margin % for the quarter that ended in Mar. 2026 was 48.86%.
The historical rank and industry rank for Mineros's Gross Margin % or its related term are showing as below:
BOG:MINEROS'
s Gross Margin % Range Over the Past 10 Years
Min: 23.19 Med: 31.36 Max: 43.39
Current: 43.39
During the past 13 years, the highestGross Margin % of Mineros was 43.39%. The lowest was 23.19%. And the median was 31.36%.
BOG:MINEROS's Gross Margin % is ranked better than 68.36% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs BOG:MINEROS: 43.39
Mineros had a gross margin of 48.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mineros was 5.60% per year.
Mineros (BOG:MINEROS) Gross Margin % Explanation
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
Mineros had a gross margin of 48.86% for the quarter that ended in Mar. 2026 => Durable 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.
Mineros Gross Margin % Related Terms
Mineros Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mineros'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.
BOG:MINEROS vs NEM, AU, CDE: Gross Margin % Comparison
For the Gold subindustry, Mineros'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.
Mineros Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineros's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mineros'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.
Mineros (BOG:MINEROS) has a Gross Margin % of 48.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mineros and its competitors. This is 56% above median its historical median of 31.36. Over the past decade, Mineros' Gross Margin % has ranged from 23.19 to 43.39. According to the industry distribution chart, Mineros ranks #231 out of 730 companies in the Metals & Mining industry, placing it in the top 31.6%.
Is Mineros' Gross Margin % too high?
Mineros' current Gross Margin % of 48.86% is 56% above median its 10-year median of 31.36. Over the past 10 years, this metric has ranged from a low of 23.19 to a high of 43.39. The Metals & Mining industry median Gross Margin % is 26.18. Mineros' value of 48.86% is 86.7% above this industry median. Based on the distribution chart, Mineros ranks #231 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mineros has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mineros ranks #231 out of 730 companies for Gross Margin %. This puts Mineros in the upper half of its industry. The industry median Gross Margin % is 26.18. Mineros' value of 48.86% is 86.7% above this benchmark. Historically, Mineros' own Gross Margin % has ranged from 23.19 to 43.39 over the past decade. While the company's 10-year median is 31.36 vs. the industry median of 26.18, Mineros has consistently been above the industry average. 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. Mineros's current Gross Margin % of 48.86% is 86.7% above the industry median. 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 Mineros 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. Mineros's current Gross Margin % is 48.86%, which is 56% above median its own 10-year median of 31.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (BOG:MINEROS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP6,964.64, compared to a current price of COP15,660.00 — trading 124.9% above its estimated fair value. The current Gross Margin % is 48.86%, which is 56% above median its 10-year median of 31.36 and 86.7% above the Metals & Mining industry median of 26.18. Mineros' overall GF Score™ is 88/100 with 1 warning sign to review. 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 Mineros (BOG:MINEROS), the current Gross Margin % is 48.86% as of Mar. 2026. 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.
Is Mineros (BOG:MINEROS) Overvalued in 2026?
Based on GuruFocus' analysis, Mineros stock appears to be overvalued.
The current stock price of COP15,660.00 is trading 124.9% above its estimated GF Value™ of COP6,964.64.
GuruFocus considers Mineros to be Significantly Overvalued.
Key valuation signals for BOG:MINEROS:
Gross Margin %: 48.86% (56% above median its 10-year median of 31.36)
GF Value™: COP6,964.64 vs. price of COP15,660.00 (124.9% above fair value)
Industry Position: 86.7% above the Metals & Mining median (#231 of 730)
No single metric tells the full story. See the BOG:MINEROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
88GF Score
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