Geomega ResourcesGOMRF +7.76%32 Gross Margin % is 86.92% as of Feb. 2026, which is 121% above its 10-year median of 39.39. GuruFocus rates GOMRF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 728 Metals & Mining companies, Geomega Resources ranks better than 91.35% on this metric.
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
Geomega Resources had a gross margin of 86.92% for the quarter that ended in Feb. 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.
Geomega Resources Gross Margin % Related Terms
Geomega Resources Gross Margin % Historical Data
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The historical data trend for Geomega Resources'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 Other Industrial Metals & Mining subindustry, Geomega Resources'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.
Geomega Resources Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Geomega Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Geomega Resources'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.
Geomega Resources (GOMRF) has a Gross Margin % of 86.92% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Geomega Resources and its competitors. This is 121% above median its historical median of 39.39. Over the past decade, Geomega Resources' Gross Margin % has ranged from 39.39 to 71.83. According to the industry distribution chart, Geomega Resources ranks #63 out of 728 companies in the Metals & Mining industry, placing it in the top 8.7%.
Is Geomega Resources' Gross Margin % too high?
Geomega Resources' current Gross Margin % of 86.92% is 121% above median its 10-year median of 39.39. Over the past 10 years, this metric has ranged from a low of 39.39 to a high of 71.83. The Metals & Mining industry median Gross Margin % is 26.21. Geomega Resources' value of 86.92% is 231.7% above this industry median. Based on the distribution chart, Geomega Resources ranks #63 out of 728 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Geomega Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Geomega Resources' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Geomega Resources ranks #63 out of 728 companies for Gross Margin %. This places Geomega Resources in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.21. Geomega Resources' value of 86.92% is 231.7% above this benchmark. Historically, Geomega Resources' own Gross Margin % has ranged from 39.39 to 71.83 over the past decade. While the company's 10-year median is 39.39 vs. the industry median of 26.21, Geomega Resources 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 26.21, based on 728 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. Geomega Resources's current Gross Margin % of 86.92% is 231.7% 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 Geomega Resources and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geomega Resources's current Gross Margin % is 86.92%, which is 121% above median its own 10-year median of 39.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geomega Resources stock overvalued right now?
Geomega Resources (GOMRF) has a current Gross Margin % of 86.92%. The current Gross Margin % is 86.92%, which is 121% above median its 10-year median of 39.39 and 231.7% above the Metals & Mining industry median of 26.21. Geomega Resources' overall GF Score™ is 32/100 with 2 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 Geomega Resources (GOMRF), the current Gross Margin % is 86.92% as of Feb. 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.
Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.
32GF Score
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