Lundin MiningLNDMY -8.52%53 Gross Margin % is 46.38% as of Mar. 2026, which is 84% above its 10-year median of 25.19. GuruFocus rates LNDMY with a GF Score™ of 53/100 and a GF Value™ of $13.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Lundin Mining ranks better than 62.33% 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
Lundin Mining had a gross margin of 46.38% 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.
Lundin Mining Gross Margin % Related Terms
Lundin Mining Gross Margin % Historical Data
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The historical data trend for Lundin Mining'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 Copper subindustry, Lundin Mining'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.
Lundin Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lundin Mining'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.
Lundin Mining (LNDMY) has a Gross Margin % of 46.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lundin Mining and its competitors. This is 84% above median its historical median of 25.19. Over the past decade, Lundin Mining's Gross Margin % has ranged from 15.93 to 41.15. According to the industry distribution chart, Lundin Mining ranks #275 out of 730 companies in the Metals & Mining industry, placing it in the top 37.7%.
Is Lundin Mining's Gross Margin % too high?
Lundin Mining's current Gross Margin % of 46.38% is 84% above median its 10-year median of 25.19. Over the past 10 years, this metric has ranged from a low of 15.93 to a high of 41.15. The Metals & Mining industry median Gross Margin % is 26.05. Lundin Mining's value of 46.38% is 78.1% above this industry median. Based on the distribution chart, Lundin Mining ranks #275 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lundin Mining has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's Gross Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lundin Mining ranks #275 out of 730 companies for Gross Margin %. This puts Lundin Mining in the upper half of its industry. The industry median Gross Margin % is 26.05. Lundin Mining's value of 46.38% is 78.1% above this benchmark. Historically, Lundin Mining's own Gross Margin % has ranged from 15.93 to 41.15 over the past decade. While the company's 10-year median is 25.19 vs. the industry median of 26.05, Lundin Mining 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 26.05, 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. Lundin Mining's current Gross Margin % of 46.38% is 78.1% 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 Lundin Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Mining's current Gross Margin % is 46.38%, which is 84% above median its own 10-year median of 25.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Mining stock overvalued right now?
Based on GuruFocus' analysis, Lundin Mining (LNDMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.52, compared to a current price of $22.87 — trading 69.2% above its estimated fair value. The current Gross Margin % is 46.38%, which is 84% above median its 10-year median of 25.19 and 78.1% above the Metals & Mining industry median of 26.05. Lundin Mining's overall GF Score™ is 53/100 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 Lundin Mining (LNDMY), the current Gross Margin % is 46.38% 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 Lundin Mining (LNDMY) Overvalued in 2026?
Based on GuruFocus' analysis, Lundin Mining stock appears to be overvalued.
The current stock price of $22.87 is trading 69.2% above its estimated GF Value™ of $13.52.
GuruFocus considers Lundin Mining to be Significantly Overvalued.
Key valuation signals for LNDMY:
Gross Margin %: 46.38% (84% above median its 10-year median of 25.19)
GF Value™: $13.52 vs. price of $22.87 (69.2% above fair value)
Industry Position: 78.1% above the Metals & Mining median (#275 of 730)
No single metric tells the full story. See the LNDMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lundin Mining Corp is adiversified Canadian base metals mining company primarily producing copper and gold with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, and Caserones. The majority of the revenue is from Copper.
53GF Score
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