Mako MiningMAKO -5.70%74 Gross Margin % is 60.28% as of Mar. 2026, which is 66% above its 10-year median of 36.40. GuruFocus rates MAKO with a GF Score™ of 74/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 730 Metals & Mining companies, Mako Mining ranks better than 78.08% on this metric.
The historical rank and industry rank for Mako Mining's Gross Margin % or its related term are showing as below:
MAKO'
s Gross Margin % Range Over the Past 10 Years
Min: -27.1 Med: 36.4 Max: 53.77
Current: 53.77
During the past 13 years, the highestGross Margin % of Mako Mining was 53.77%. The lowest was -27.10%. And the median was 36.40%.
MAKO's Gross Margin % is ranked better than 78.08% of 730
companies
in the Metals & Mining industry
Industry Median: 26.045
vs MAKO: 53.77
Mako Mining had a gross margin of 60.28% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mako Mining was 4.60% per year.
Mako Mining (NAS:MAKO) 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
Mako Mining had a gross margin of 60.28% 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.
Mako Mining Gross Margin % Related Terms
Mako Mining Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mako 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 Gold subindustry, Mako 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.
Mako Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mako Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mako 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.
Mako Mining (MAKO) has a Gross Margin % of 60.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mako Mining and its competitors. This is 66% above median its historical median of 36.40. According to the industry distribution chart, Mako Mining ranks #160 out of 730 companies in the Metals & Mining industry, placing it in the top 21.9%.
Is Mako Mining's Gross Margin % too high?
Mako Mining's current Gross Margin % of 60.28% is 66% above median its 10-year median of 36.40. The Metals & Mining industry median Gross Margin % is 26.05. Mako Mining's value of 60.28% is 131.4% above this industry median. Based on the distribution chart, Mako Mining ranks #160 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #160 out of 730 companies for Gross Margin %. This places Mako Mining in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.05. Mako Mining's value of 60.28% is 131.4% above this benchmark. While the company's 10-year median is 36.40 vs. the industry median of 26.05, Mako 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. Mako Mining's current Gross Margin % of 60.28% is 131.4% 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 Mako 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. Mako Mining's current Gross Margin % is 60.28%, which is 66% above median its own 10-year median of 36.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $7.27 — trading 36.4% above its estimated fair value. The current Gross Margin % is 60.28%, which is 66% above median its 10-year median of 36.40 and 131.4% above the Metals & Mining industry median of 26.05. Mako Mining's overall GF Score™ is 74/100 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 Mako Mining (MAKO), the current Gross Margin % is 60.28% 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 Mako Mining (MAKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued.
The current stock price of $7.27 is trading 36.4% above its estimated GF Value™ of $5.33.
GuruFocus considers Mako Mining to be Significantly Overvalued.
Key valuation signals for MAKO:
Gross Margin %: 60.28% (66% above median its 10-year median of 36.40)
GF Value™: $5.33 vs. price of $7.27 (36.4% above fair value)
Industry Position: 131.4% above the Metals & Mining median (#160 of 730)
No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score
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