Magna MiningTSX:NICU 32 Gross Margin % is 20.52% as of Mar. 2026. GuruFocus rates TSX:NICU with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 730 Metals & Mining companies, Magna Mining ranks worse than 86.44% on this metric.
The historical rank and industry rank for Magna Mining's Gross Margin % or its related term are showing as below:
TSX:NICU'
s Gross Margin % Range Over the Past 10 Years
Min: -3.2 Med: -3.2 Max: 3.71
Current: 3.71
During the past 6 years, the highestGross Margin % of Magna Mining was 3.71%. The lowest was -3.20%. And the median was -3.20%.
TSX:NICU's Gross Margin % is ranked worse than 86.44% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs TSX:NICU: 3.71
Magna Mining had a gross margin of 20.52% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Magna Mining was 0.00% per year.
Magna Mining (TSX:NICU) 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
Magna Mining had a gross margin of 20.52% 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.
Magna Mining Gross Margin % Related Terms
Magna Mining Gross Margin % Historical Data
* Premium members only.
The historical data trend for Magna 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 Other Industrial Metals & Mining subindustry, Magna 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.
Magna Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magna Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Magna 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.
Magna Mining (TSX:NICU) has a Gross Margin % of 20.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Magna Mining and its competitors. According to the industry distribution chart, Magna Mining ranks #631 out of 730 companies in the Metals & Mining industry, placing it in the top 86.4%.
Is Magna Mining's Gross Margin % too high?
Magna Mining's current Gross Margin % is 20.52%. The Metals & Mining industry median Gross Margin % is 26.18. Magna Mining's value of 20.52% is 21.6% below this industry median. Based on the distribution chart, Magna Mining ranks #631 out of 730 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Magna Mining has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Magna Mining's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Magna Mining ranks #631 out of 730 companies for Gross Margin %. This places Magna Mining in the lower half of its industry. The industry median Gross Margin % is 26.18. Magna Mining's value of 20.52% is 21.6% below this benchmark. 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. Magna Mining's current Gross Margin % of 20.52% is 21.6% below 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 Magna 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. Magna Mining's current Gross Margin % is 20.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Mining stock overvalued right now?
Magna Mining (TSX:NICU) has a current Gross Margin % of 20.52%. The current Gross Margin % is 20.52% and 21.6% below the Metals & Mining industry median of 26.18. Magna Mining's overall GF Score™ is 32/100 with 2 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 Magna Mining (TSX:NICU), the current Gross Margin % is 20.52% 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.
Magna Mining Inc is a producing mining company with a portfolio of copper, nickel, and platinum group metals with operating, exploration, and development projects in the Sudbury Region of Ontario, Canada. The Company's primary assets are the producing McCreedy West copper mine and the past-producing Levack, Podolsky, Shakespeare, and Crean Hill mines. It has one reportable operating segment, being the acquisition, exploration, and development of mineral properties. The Company's assets are located in Canada.
32GF Score
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