Harfang ExplorationHRFEF Gross Margin % is 60.00% as of Apr. 2026. The stock has 2 warning signs investors should review. Among 729 Metals & Mining companies, Harfang Exploration ranks better than 51.85% 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
Harfang Exploration had a gross margin of 60.00% for the quarter that ended in Apr. 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.
Harfang Exploration Gross Margin % Related Terms
Harfang Exploration Gross Margin % Historical Data
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The historical data trend for Harfang Exploration'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, Harfang Exploration'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.
Harfang Exploration Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Harfang Exploration's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Harfang Exploration'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.
Harfang Exploration (HRFEF) has a Gross Margin % of 60.00% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harfang Exploration and its competitors. According to the industry distribution chart, Harfang Exploration ranks #351 out of 729 companies in the Metals & Mining industry, placing it in the top 48.1%.
Is Harfang Exploration's Gross Margin % too high?
Harfang Exploration's current Gross Margin % is 60.00%. The Metals & Mining industry median Gross Margin % is 26.20. Harfang Exploration's value of 60.00% is 129% above this industry median. Based on the distribution chart, Harfang Exploration ranks #351 out of 729 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Harfang Exploration's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Harfang Exploration ranks #351 out of 729 companies for Gross Margin %. This puts Harfang Exploration in the upper half of its industry. The industry median Gross Margin % is 26.20. Harfang Exploration's value of 60.00% is 129% above this benchmark. 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 26.20, 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. Harfang Exploration's current Gross Margin % of 60.00% is 129% 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 Harfang Exploration and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harfang Exploration's current Gross Margin % is 60.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current Gross Margin % of 60.00%. The current Gross Margin % is 60.00% and 129% above the Metals & Mining industry median of 26.20. 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 Harfang Exploration (HRFEF), the current Gross Margin % is 60.00% as of Apr. 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.
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.
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