SHVLF (Starcore International Mines) Gross Margin %: 45.59% (As of Jan. 2026) — 708% Above Median


SHVLF Starcore International Mines Ltd SHVLF
41 GF Score
Price $0.33
GF Value $0.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Starcore International Mines Gross Margin %?

Starcore International Mines SHVLF +0.01% 41 Gross Margin % is 45.59% as of Jan. 2026, which is 708% above its 10-year median of 5.64. GuruFocus rates SHVLF with a GF Score™ of 41/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 730 Metals & Mining companies, Starcore International Mines ranks better than 55.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Starcore International Mines's Gross Profit for the three months ended in Jan. 2026 was $4.48 Mil. Starcore International Mines's Revenue for the three months ended in Jan. 2026 was $9.82 Mil. Therefore, Starcore International Mines's Gross Margin % for the quarter that ended in Jan. 2026 was 45.59%.

Warning Sign:

Starcore International Mines Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


The historical rank and industry rank for Starcore International Mines's Gross Margin % or its related term are showing as below:

SHVLF' s Gross Margin % Range Over the Past 10 Years
Min: -17.72   Med: 5.64   Max: 30.5
Current: 30.5


During the past 13 years, the highest Gross Margin % of Starcore International Mines was 30.50%. The lowest was -17.72%. And the median was 5.64%.

SHVLF's Gross Margin % is ranked better than
55.21% of 730 companies
in the Metals & Mining industry
Industry Median: 26.175 vs SHVLF: 30.50

Starcore International Mines had a gross margin of 45.59% for the quarter that ended in Jan. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Starcore International Mines was -1.20% per year.


Starcore International Mines  (OTCPK:SHVLF) 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

Starcore International Mines had a gross margin of 45.59% for the quarter that ended in Jan. 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.


Starcore International Mines Gross Margin % Related Terms


Starcore International Mines Gross Margin % Historical Data

* Premium members only.

The historical data trend for Starcore International Mines'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.

Starcore International Mines Gross Margin % Chart

Starcore International Mines Annual Data
Trend Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.89 20.66 3.28 8.49 19.69

Starcore International Mines Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 23.58 26.19 21.97 22.08 45.59

Starcore International Mines Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.


Starcore International Mines Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Gross Margin % falls into.


SHVLF
41GF Score
Starcore International Mines Ltd SHVLF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starcore International Mines Gross Margin % Calculation

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

Starcore International Mines's Gross Margin for the fiscal year that ended in Apr. 2025 is calculated as

Gross Margin % (A: Apr. 2025 )=Gross Profit (A: Apr. 2025 ) / Revenue (A: Apr. 2025 )
=4.5 / 23.002
=(Revenue - Cost of Goods Sold) / Revenue
=(23.002 - 18.473) / 23.002
=19.69 %

Starcore International Mines's Gross Margin for the quarter that ended in Jan. 2026 is calculated as


Gross Margin % (Q: Jan. 2026 )=Gross Profit (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=4.5 / 9.824
=(Revenue - Cost of Goods Sold) / Revenue
=(9.824 - 5.345) / 9.824
=45.59 %

* 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 45.59% mean?
Starcore International Mines (SHVLF) has a Gross Margin % of 45.59% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Starcore International Mines and its competitors. This is 708% above median its historical median of 5.64. According to the industry distribution chart, Starcore International Mines ranks #327 out of 730 companies in the Metals & Mining industry, placing it in the top 44.8%.
Is Starcore International Mines' Gross Margin % too high?
Starcore International Mines' current Gross Margin % of 45.59% is 708% above median its 10-year median of 5.64. The Metals & Mining industry median Gross Margin % is 26.18. Starcore International Mines' value of 45.59% is 74.2% above this industry median. Based on the distribution chart, Starcore International Mines ranks #327 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Starcore International Mines has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starcore International Mines' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Starcore International Mines ranks #327 out of 730 companies for Gross Margin %. This puts Starcore International Mines in the upper half of its industry. The industry median Gross Margin % is 26.18. Starcore International Mines' value of 45.59% is 74.2% above this benchmark. While the company's 10-year median is 5.64 vs. the industry median of 26.18, Starcore International Mines 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. Starcore International Mines's current Gross Margin % of 45.59% is 74.2% 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 Starcore International Mines 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. Starcore International Mines's current Gross Margin % is 45.59%, which is 708% above median its own 10-year median of 5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starcore International Mines stock overvalued right now?
Based on GuruFocus' analysis, Starcore International Mines (SHVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.33 — trading 136.1% above its estimated fair value. The current Gross Margin % is 45.59%, which is 708% above median its 10-year median of 5.64 and 74.2% above the Metals & Mining industry median of 26.18. Starcore International Mines' overall GF Score™ is 41/100 with 4 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 Starcore International Mines (SHVLF), the current Gross Margin % is 45.59% as of Jan. 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 Starcore International Mines (SHVLF) Overvalued in 2026?

Based on GuruFocus' analysis, Starcore International Mines stock appears to be overvalued. The current stock price of $0.33 is trading 136.1% above its estimated GF Value™ of $0.14. GuruFocus considers Starcore International Mines to be Significantly Overvalued.

Key valuation signals for SHVLF:

  • Gross Margin %: 45.59% (708% above median its 10-year median of 5.64)
  • GF Value™: $0.14 vs. price of $0.33 (136.1% above fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 74.2% above the Metals & Mining median (#327 of 730)

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


Starcore International Mines Business Description

Other Exchanges V4JA:GermanySAM:Canada
Address 580 Hornby Street, Suite 750, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico. The Company is also engaged in acquiring mining related operating assets and exploration assets in North America and West Africa directly and through corporate acquisitions.
41GF Score

Get the complete analysis for SHVLF

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

$0.33
Price
$0.14
GF Value