TRX GoldTRX +4.80%47 Gross Margin % is 61.79% as of Feb. 2026, which is 36% above its 10-year median of 45.52. GuruFocus rates TRX with a GF Score™ of 47/100 and a GF Value™ of $1.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 730 Metals & Mining companies, TRX Gold ranks better than 79.32% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. TRX Gold's Gross Profit for the
three
months ended in Feb. 2026 was $21.05 Mil. TRX Gold's Revenue for the
three
months ended in Feb. 2026 was $34.07 Mil. Therefore, TRX Gold's Gross Margin % for the quarter that ended in Feb. 2026 was 61.79%.
The historical rank and industry rank for TRX Gold's Gross Margin % or its related term are showing as below:
TRX'
s Gross Margin % Range Over the Past 10 Years
Min: 41.55 Med: 45.52 Max: 62.14
Current: 54.85
During the past 13 years, the highestGross Margin % of TRX Gold was 62.14%. The lowest was 41.55%. And the median was 45.52%.
TRX's Gross Margin % is ranked better than 79.32% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs TRX: 54.85
TRX Gold had a gross margin of 61.79% for the quarter that ended in Feb. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TRX Gold was 0.00% per year.
TRX Gold (AMEX:TRX) 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
TRX Gold had a gross margin of 61.79% for the quarter that ended in Feb. 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.
TRX Gold Gross Margin % Related Terms
TRX Gold Gross Margin % Historical Data
* Premium members only.
The historical data trend for TRX 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, TRX 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.
TRX Gold Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TRX 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.
TRX Gold (TRX) has a Gross Margin % of 61.79% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TRX Gold and its competitors. This is 36% above median its historical median of 45.52. Over the past decade, TRX Gold's Gross Margin % has ranged from 41.55 to 62.14. According to the industry distribution chart, TRX Gold ranks #151 out of 730 companies in the Metals & Mining industry, placing it in the top 20.7%.
Is TRX Gold's Gross Margin % too high?
TRX Gold's current Gross Margin % of 61.79% is 36% above median its 10-year median of 45.52. Over the past 10 years, this metric has ranged from a low of 41.55 to a high of 62.14. The Metals & Mining industry median Gross Margin % is 26.18. TRX Gold's value of 61.79% is 136.1% above this industry median. Based on the distribution chart, TRX Gold ranks #151 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, TRX Gold has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #151 out of 730 companies for Gross Margin %. This places TRX Gold in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. TRX Gold's value of 61.79% is 136.1% above this benchmark. Historically, TRX Gold's own Gross Margin % has ranged from 41.55 to 62.14 over the past decade. While the company's 10-year median is 45.52 vs. the industry median of 26.18, TRX Gold 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. TRX Gold's current Gross Margin % of 61.79% is 136.1% 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 TRX 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. TRX Gold's current Gross Margin % is 61.79%, which is 36% above median its own 10-year median of 45.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.15, compared to a current price of $0.86 — trading 25.2% below its estimated fair value. The current Gross Margin % is 61.79%, which is 36% above median its 10-year median of 45.52 and 136.1% above the Metals & Mining industry median of 26.18. TRX Gold's overall GF Score™ is 47/100 with 1 warning sign 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 TRX Gold (TRX), the current Gross Margin % is 61.79% as of Feb. 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 TRX Gold (TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of $0.86 is trading 25.2% below its estimated GF Value™ of $1.15.
GuruFocus considers TRX Gold to be Modestly Undervalued.
Key valuation signals for TRX:
Gross Margin %: 61.79% (36% above median its 10-year median of 45.52)
GF Value™: $1.15 vs. price of $0.86 (25.2% below fair value)
Industry Position: 136.1% above the Metals & Mining median (#151 of 730)
No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
47GF Score
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