West Red Lake Gold MinesFRA:UJ0 +0.88%22 Gross Margin % is 36.52% as of Mar. 2026, which is 17% below its 10-year median of 43.75. GuruFocus rates FRA:UJ0 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 729 Metals & Mining companies, West Red Lake Gold Mines ranks better than 65.57% on this metric.
West Red Lake Gold Mines (FRA:UJ0) 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
West Red Lake Gold Mines had a gross margin of 36.52% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
West Red Lake Gold Mines Gross Margin % Related Terms
West Red Lake Gold Mines Gross Margin % Historical Data
* 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, West Red Lake Gold Mines'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.
West Red Lake Gold Mines Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's Gross Margin % distribution charts can be found below:
* The bar in red indicates where West Red Lake Gold Mines'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.
West Red Lake Gold Mines (FRA:UJ0) has a Gross Margin % of 36.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on West Red Lake Gold Mines and its competitors. This is 17% below median its historical median of 43.75. Over the past decade, West Red Lake Gold Mines' Gross Margin % has ranged from 41.73 to 43.75. According to the industry distribution chart, West Red Lake Gold Mines ranks #251 out of 729 companies in the Metals & Mining industry, placing it in the top 34.4%.
Is West Red Lake Gold Mines' Gross Margin % too high?
West Red Lake Gold Mines' current Gross Margin % of 36.52% is 17% below median its 10-year median of 43.75. Over the past 10 years, this metric has ranged from a low of 41.73 to a high of 43.75. The Metals & Mining industry median Gross Margin % is 26.15. West Red Lake Gold Mines' value of 36.52% is 39.7% above this industry median. Based on the distribution chart, West Red Lake Gold Mines ranks #251 out of 729 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, West Red Lake Gold Mines has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Red Lake Gold Mines ranks #251 out of 729 companies for Gross Margin %. This puts West Red Lake Gold Mines in the upper half of its industry. The industry median Gross Margin % is 26.15. West Red Lake Gold Mines' value of 36.52% is 39.7% above this benchmark. Historically, West Red Lake Gold Mines' own Gross Margin % has ranged from 41.73 to 43.75 over the past decade. While the company's 10-year median is 43.75 vs. the industry median of 26.15, West Red Lake Gold Mines 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 26.15, based on 729 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. West Red Lake Gold Mines's current Gross Margin % of 36.52% is 39.7% 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 West Red Lake Gold Mines and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Red Lake Gold Mines's current Gross Margin % is 36.52%, which is 17% below median its own 10-year median of 43.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (FRA:UJ0) has a current Gross Margin % of 36.52%. The current Gross Margin % is 36.52%, which is 17% below median its 10-year median of 43.75 and 39.7% above the Metals & Mining industry median of 26.15. West Red Lake Gold Mines' overall GF Score™ is 22/100 with 3 warning signs 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 West Red Lake Gold Mines (FRA:UJ0), the current Gross Margin % is 36.52% 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.
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
22GF Score
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