Strategic MineralsSMNLF +12.70% Gross Margin % is 84.75% as of Dec. 2025, which is 4% above its 10-year median of 81.78. The stock has 2 warning signs investors should review. Among 730 Metals & Mining companies, Strategic Minerals ranks better than 95.21% on this metric.
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
Strategic Minerals had a gross margin of 84.75% for the quarter that ended in Dec. 2025 => 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.
Strategic Minerals Gross Margin % Related Terms
Strategic Minerals Gross Margin % Historical Data
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The historical data trend for Strategic Minerals'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 Other Industrial Metals & Mining subindustry, Strategic Minerals'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.
Strategic Minerals Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Strategic Minerals's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Strategic Minerals'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.
Strategic Minerals (SMNLF) has a Gross Margin % of 84.75% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Strategic Minerals and its competitors. This is near median its historical median of 81.78. Over the past decade, Strategic Minerals' Gross Margin % has ranged from 78.28 to 85.39. According to the industry distribution chart, Strategic Minerals ranks #35 out of 730 companies in the Metals & Mining industry, placing it in the top 4.8%.
Is Strategic Minerals' Gross Margin % too high?
Strategic Minerals' current Gross Margin % of 84.75% is near median its 10-year median of 81.78. Over the past 10 years, this metric has ranged from a low of 78.28 to a high of 85.39. The Metals & Mining industry median Gross Margin % is 26.05. Strategic Minerals' value of 84.75% is 225.4% above this industry median. Based on the distribution chart, Strategic Minerals ranks #35 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Strategic Minerals' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Strategic Minerals ranks #35 out of 730 companies for Gross Margin %. This places Strategic Minerals in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.05. Strategic Minerals' value of 84.75% is 225.4% above this benchmark. Historically, Strategic Minerals' own Gross Margin % has ranged from 78.28 to 85.39 over the past decade. While the company's 10-year median is 81.78 vs. the industry median of 26.05, Strategic Minerals 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. Strategic Minerals's current Gross Margin % of 84.75% is 225.4% 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 Strategic Minerals 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. Strategic Minerals's current Gross Margin % is 84.75%, which is near median its own 10-year median of 81.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Minerals stock overvalued right now?
Strategic Minerals (SMNLF) has a current Gross Margin % of 84.75%. The current Gross Margin % is 84.75%, which is near median its 10-year median of 81.78 and 225.4% above the Metals & Mining industry median of 26.05. 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 Strategic Minerals (SMNLF), the current Gross Margin % is 84.75% as of Dec. 2025. 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.
Strategic Minerals PLC is a UK-based mineral production and development company. The principal business activity of the company is the exploration, development, and operation of mining projects. Its operating segments include Southern Minerals Group LLC (SMG), Head Office, Development Asset, and United Kingdom. It derives a majority of the revenue from the SMG segment that is involved in the sale of magnetite to both the USA domestic market and historically transported magnetite to port for onward export sale.
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