New Found GoldNFGC +3.16%31 Gross Margin % is 14.53% as of Mar. 2026, which is 616% above its 10-year median of 2.03. GuruFocus rates NFGC with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, New Found Gold ranks worse than 72.33% on this metric.
The historical rank and industry rank for New Found Gold's Gross Margin % or its related term are showing as below:
NFGC'
s Gross Margin % Range Over the Past 10 Years
Min: 2.03 Med: 2.03 Max: 11.14
Current: 11.14
During the past 7 years, the highestGross Margin % of New Found Gold was 11.14%. The lowest was 2.03%. And the median was 2.03%.
NFGC's Gross Margin % is ranked worse than 72.33% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs NFGC: 11.14
New Found Gold had a gross margin of 14.53% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for New Found Gold was 0.00% per year.
New Found Gold (AMEX:NFGC) 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
New Found Gold had a gross margin of 14.53% for the quarter that ended in Mar. 2026 => No sustainable 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.
New Found Gold Gross Margin % Related Terms
New Found Gold Gross Margin % Historical Data
* Premium members only.
The historical data trend for New Found Gold'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, New Found Gold'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.
New Found Gold Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Found Gold's Gross Margin % distribution charts can be found below:
* The bar in red indicates where New Found Gold'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.
New Found Gold (NFGC) has a Gross Margin % of 14.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on New Found Gold and its competitors. This is 616% above median its historical median of 2.03. Over the past decade, New Found Gold's Gross Margin % has ranged from 2.03 to 11.14. According to the industry distribution chart, New Found Gold ranks #528 out of 730 companies in the Metals & Mining industry, placing it in the top 72.3%.
Is New Found Gold's Gross Margin % too high?
New Found Gold's current Gross Margin % of 14.53% is 616% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 11.14. The Metals & Mining industry median Gross Margin % is 26.18. New Found Gold's value of 14.53% is 44.5% below this industry median. Based on the distribution chart, New Found Gold ranks #528 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, New Found Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #528 out of 730 companies for Gross Margin %. This places New Found Gold in the lower half of its industry. The industry median Gross Margin % is 26.18. New Found Gold's value of 14.53% is 44.5% below this benchmark. Historically, New Found Gold's own Gross Margin % has ranged from 2.03 to 11.14 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 26.18, New Found Gold has consistently been below 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 26.18, 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. New Found Gold's current Gross Margin % of 14.53% is 44.5% below 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 New Found Gold and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Found Gold's current Gross Margin % is 14.53%, which is 616% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current Gross Margin % of 14.53%. The current Gross Margin % is 14.53%, which is 616% above median its 10-year median of 2.03 and 44.5% below the Metals & Mining industry median of 26.18. New Found Gold's overall GF Score™ is 31/100 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 New Found Gold (NFGC), the current Gross Margin % is 14.53% 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.
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
31GF Score
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