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What is Northern Minerals and Exploration Gross Margin %?
Northern Minerals and ExplorationNMEX Gross Margin % is 25.00% as of Apr. 2026, which is 125% above its 10-year median of 11.11. The stock has 6 warning signs investors should review. Among 733 Metals & Mining companies, Northern Minerals and Exploration ranks worse than 65.62% on this metric.
Northern Minerals and Exploration (OTCPK:NMEX) 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
Northern Minerals and Exploration had a gross margin of 25.00% for the quarter that ended in Apr. 2026 => Competition eroding margins
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.
Northern Minerals and Exploration Gross Margin % Related Terms
Northern Minerals and Exploration Gross Margin % Historical Data
* 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.
Northern Minerals and Exploration Gross Margin % Chart
NMEX vs GLNS, SILS, RITE: Gross Margin % Comparison
For the Other Precious Metals & Mining subindustry, Northern Minerals and 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.
Northern Minerals and Exploration Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Minerals and Exploration's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Northern Minerals and 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.
Northern Minerals and Exploration (NMEX) has a Gross Margin % of 25.00% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Northern Minerals and Exploration and its competitors. This is 125% above median its historical median of 11.11. According to the industry distribution chart, Northern Minerals and Exploration ranks #481 out of 733 companies in the Metals & Mining industry, placing it in the top 65.6%.
Is Northern Minerals and Exploration's Gross Margin % too high?
Northern Minerals and Exploration's current Gross Margin % of 25.00% is 125% above median its 10-year median of 11.11. The Metals & Mining industry median Gross Margin % is 27.06. Northern Minerals and Exploration's value of 25.00% is 7.6% below this industry median. Based on the distribution chart, Northern Minerals and Exploration ranks #481 out of 733 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Northern Minerals and Exploration's Gross Margin % compare to GLNS and SILS?
According to the Metals & Mining industry distribution chart, Northern Minerals and Exploration ranks #481 out of 733 companies for Gross Margin %. This places Northern Minerals and Exploration in the lower half of its industry. The industry median Gross Margin % is 27.06. Northern Minerals and Exploration's value of 25.00% is 7.6% below this benchmark. While the company's 10-year median is 11.11 vs. the industry median of 27.06, Northern Minerals and Exploration 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 27.06, based on 733 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. Northern Minerals and Exploration's current Gross Margin % of 25.00% is 7.6% 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 Northern Minerals and Exploration and its competitors. For the Metals & Mining industry, the median Gross Margin % is 27.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Minerals and Exploration's current Gross Margin % is 25.00%, which is 125% above median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Minerals and Exploration stock overvalued right now?
Northern Minerals and Exploration (NMEX) has a current Gross Margin % of 25.00%. The current Gross Margin % is 25.00%, which is 125% above median its 10-year median of 11.11 and 7.6% below the Metals & Mining industry median of 27.06. 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 Northern Minerals and Exploration (NMEX), the current Gross Margin % is 25.00% 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.
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.
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