SCZM (Santacruz Silver Mining) Gross Margin %: 33.62% (As of Mar. 2026) — 1471% Above Median


SCZM Santacruz Silver Mining Ltd SCZM
60 GF Score
Price $6.60
GF Value $1.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Santacruz Silver Mining Gross Margin %?

Santacruz Silver Mining SCZM +2.72% 60 Gross Margin % is 33.62% as of Mar. 2026, which is 1471% above its 10-year median of 2.14. GuruFocus rates SCZM with a GF Score™ of 60/100 and a GF Value™ of $1.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 730 Metals & Mining companies, Santacruz Silver Mining ranks better than 56.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Santacruz Silver Mining's Gross Profit for the three months ended in Mar. 2026 was $42.9 Mil. Santacruz Silver Mining's Revenue for the three months ended in Mar. 2026 was $127.5 Mil. Therefore, Santacruz Silver Mining's Gross Margin % for the quarter that ended in Mar. 2026 was 33.62%.


The historical rank and industry rank for Santacruz Silver Mining's Gross Margin % or its related term are showing as below:

SCZM' s Gross Margin % Range Over the Past 10 Years
Min: -45.24   Med: 2.14   Max: 33.52
Current: 32.42


During the past 13 years, the highest Gross Margin % of Santacruz Silver Mining was 33.52%. The lowest was -45.24%. And the median was 2.14%.

SCZM's Gross Margin % is ranked better than
56.99% of 730 companies
in the Metals & Mining industry
Industry Median: 26.175 vs SCZM: 32.42

Santacruz Silver Mining had a gross margin of 33.62% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Santacruz Silver Mining was 36.70% per year.


Santacruz Silver Mining  (NAS:SCZM) 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

Santacruz Silver Mining had a gross margin of 33.62% for the quarter that ended in Mar. 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.


Santacruz Silver Mining Gross Margin % Related Terms


Santacruz Silver Mining Gross Margin % Historical Data

* Premium members only.

The historical data trend for Santacruz Silver 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.

Santacruz Silver Mining Gross Margin % Chart

Santacruz Silver Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.99 8.21 1.29 20.22 33.52

Santacruz Silver Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.62 34.50 25.21 35.11 33.62

Santacruz Silver Mining Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Santacruz Silver 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.


Santacruz Silver Mining Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Santacruz Silver Mining's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Santacruz Silver Mining's Gross Margin % falls into.


SCZM
60GF Score
Santacruz Silver Mining Ltd SCZM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Santacruz Silver Mining Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Santacruz Silver Mining's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=109.4 / 326.382
=(Revenue - Cost of Goods Sold) / Revenue
=(326.382 - 216.982) / 326.382
=33.52 %

Santacruz Silver Mining's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=42.9 / 127.529
=(Revenue - Cost of Goods Sold) / Revenue
=(127.529 - 84.66) / 127.529
=33.62 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 33.62% mean?
Santacruz Silver Mining (SCZM) has a Gross Margin % of 33.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Santacruz Silver Mining and its competitors. This is 1471% above median its historical median of 2.14. According to the industry distribution chart, Santacruz Silver Mining ranks #314 out of 730 companies in the Metals & Mining industry, placing it in the top 43%.
Is Santacruz Silver Mining's Gross Margin % too high?
Santacruz Silver Mining's current Gross Margin % of 33.62% is 1471% above median its 10-year median of 2.14. The Metals & Mining industry median Gross Margin % is 26.18. Santacruz Silver Mining's value of 33.62% is 28.4% above this industry median. Based on the distribution chart, Santacruz Silver Mining ranks #314 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Santacruz Silver Mining has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santacruz Silver Mining's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Santacruz Silver Mining ranks #314 out of 730 companies for Gross Margin %. This puts Santacruz Silver Mining in the upper half of its industry. The industry median Gross Margin % is 26.18. Santacruz Silver Mining's value of 33.62% is 28.4% above this benchmark. While the company's 10-year median is 2.14 vs. the industry median of 26.18, Santacruz Silver 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 26.18, 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. Santacruz Silver Mining's current Gross Margin % of 33.62% is 28.4% 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 Santacruz Silver Mining 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. Santacruz Silver Mining's current Gross Margin % is 33.62%, which is 1471% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santacruz Silver Mining stock overvalued right now?
Based on GuruFocus' analysis, Santacruz Silver Mining (SCZM) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.80, compared to a current price of $6.60 — trading 266.7% above its estimated fair value. The current Gross Margin % is 33.62%, which is 1471% above median its 10-year median of 2.14 and 28.4% above the Metals & Mining industry median of 26.18. Santacruz Silver Mining's overall GF Score™ is 60/100 with 5 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 Santacruz Silver Mining (SCZM), the current Gross Margin % is 33.62% 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 Santacruz Silver Mining (SCZM) Overvalued in 2026?

Based on GuruFocus' analysis, Santacruz Silver Mining stock appears to be overvalued. The current stock price of $6.60 is trading 266.7% above its estimated GF Value™ of $1.80. GuruFocus considers Santacruz Silver Mining to be Significantly Overvalued.

Key valuation signals for SCZM:

  • Gross Margin %: 33.62% (1471% above median its 10-year median of 2.14)
  • GF Value™: $1.80 vs. price of $6.60 (266.7% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 28.4% above the Metals & Mining median (#314 of 730)

No single metric tells the full story. See the SCZM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Santacruz Silver Mining Business Description

Address 1140 West Pender Street, Suite 480, Vancouver, BC, CAN, V6E 4G1
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapa mine and processing plant, and Corporate and Other activities. Key revenue is generated from Zimapan.
60GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.60
Price
$1.80
GF Value