Discovery MiningTSX:DSV +9.09%40 Gross Margin % is 59.72% as of Mar. 2026, which is 29% above its 10-year median of 46.34. GuruFocus rates TSX:DSV with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 729 Metals & Mining companies, Discovery Mining ranks better than 74.62% 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
Discovery Mining had a gross margin of 59.72% for the quarter that ended in Mar. 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.
Discovery Mining Gross Margin % Related Terms
Discovery Mining Gross Margin % Historical Data
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The historical data trend for Discovery 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.
For the Silver subindustry, Discovery 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.
Discovery Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Discovery Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Discovery Mining'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.
Discovery Mining (TSX:DSV) has a Gross Margin % of 59.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Discovery Mining and its competitors. This is 29% above median its historical median of 46.34. Over the past decade, Discovery Mining's Gross Margin % has ranged from 46.34 to 50.38. According to the industry distribution chart, Discovery Mining ranks #185 out of 729 companies in the Metals & Mining industry, placing it in the top 25.4%.
Is Discovery Mining's Gross Margin % too high?
Discovery Mining's current Gross Margin % of 59.72% is 29% above median its 10-year median of 46.34. Over the past 10 years, this metric has ranged from a low of 46.34 to a high of 50.38. The Metals & Mining industry median Gross Margin % is 26.15. Discovery Mining's value of 59.72% is 128.4% above this industry median. Based on the distribution chart, Discovery Mining ranks #185 out of 729 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Discovery Mining has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Discovery Mining's Gross Margin % compare to EXK?
According to the Metals & Mining industry distribution chart, Discovery Mining ranks #185 out of 729 companies for Gross Margin %. This puts Discovery Mining in the upper half of its industry. The industry median Gross Margin % is 26.15. Discovery Mining's value of 59.72% is 128.4% above this benchmark. Historically, Discovery Mining's own Gross Margin % has ranged from 46.34 to 50.38 over the past decade. While the company's 10-year median is 46.34 vs. the industry median of 26.15, Discovery 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 26.15, based on 729 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. Discovery Mining's current Gross Margin % of 59.72% is 128.4% 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 Discovery Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery Mining's current Gross Margin % is 59.72%, which is 29% above median its own 10-year median of 46.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Mining stock overvalued right now?
Discovery Mining (TSX:DSV) has a current Gross Margin % of 59.72%. The current Gross Margin % is 59.72%, which is 29% above median its 10-year median of 46.34 and 128.4% above the Metals & Mining industry median of 26.15. Discovery Mining's overall GF Score™ is 40/100 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 Discovery Mining (TSX:DSV), the current Gross Margin % is 59.72% 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.
Discovery Silver Corp is a precious metals company with assets in Canada and Mexico. It currently produces gold from the Porcupine operations in and near Timmins, Ontario, Canada. The Porcupine Operations include the Hoyle Pond and Borden underground mines, and the Pamour open pit. Additionally, the company owns the Cordero project, which is a development-stage silver project located in Mexico. The firm has one reportable segment: Porcupine Complex (comprising its operating mines and mill).
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