Twenty Mile Metals (TSXV:MILE) Gross Margin %: 0.00% (As of Mar. 2026)


TSXV:MILE Twenty Mile Metals Inc TSXV:MILE
11 GF Score
Price C$0.11
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What is Twenty Mile Metals Gross Margin %?

Twenty Mile Metals TSXV:MILE 11 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates TSXV:MILE with a GF Score™ of 11/100. Among 729 Metals & Mining companies, Twenty Mile Metals ranks worse than 137174.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Twenty Mile Metals's Gross Profit for the three months ended in Mar. 2026 was C$0.00 Mil. Twenty Mile Metals's Revenue for the three months ended in Mar. 2026 was C$0.00 Mil. Therefore, Twenty Mile Metals's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Twenty Mile Metals's Gross Margin % or its related term are showing as below:


TSXV:MILE's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.2
* Ranked among companies with meaningful Gross Margin % only.

Twenty Mile Metals had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Twenty Mile Metals was 0.00% per year.


Twenty Mile Metals  (TSXV:MILE) 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

Twenty Mile Metals had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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.


Twenty Mile Metals Gross Margin % Related Terms


Twenty Mile Metals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Twenty Mile Metals'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.

Twenty Mile Metals Gross Margin % Chart

Twenty Mile Metals Annual Data
Trend Mar26
Gross Margin %
0.00

Twenty Mile Metals Quarterly Data
Mar26
Gross Margin % 0.00

Twenty Mile Metals Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Twenty Mile Metals'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.


Twenty Mile Metals Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Twenty Mile Metals's Gross Margin % falls into.


TSXV:MILE
11GF Score
Twenty Mile Metals Inc TSXV:MILE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Twenty Mile Metals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Twenty Mile Metals's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Twenty Mile Metals's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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 0.00% mean?
Twenty Mile Metals (TSXV:MILE) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Twenty Mile Metals and its competitors. According to the industry distribution chart, Twenty Mile Metals ranks #999999 out of 729 companies in the Metals & Mining industry.
Is Twenty Mile Metals' Gross Margin % too high?
Twenty Mile Metals' current Gross Margin % is 0.00%. Based on the distribution chart, Twenty Mile Metals ranks #999999 out of 729 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Twenty Mile Metals has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Twenty Mile Metals' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Twenty Mile Metals ranks #999999 out of 729 companies for Gross Margin %. This places Twenty Mile Metals in the lower half of its industry. The industry median Gross Margin % is 26.20. 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 26.20, 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. 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 Twenty Mile Metals and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twenty Mile Metals's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twenty Mile Metals stock overvalued right now?
Twenty Mile Metals (TSXV:MILE) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Twenty Mile Metals' overall GF Score™ is 11/100. 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 Twenty Mile Metals (TSXV:MILE), the current Gross Margin % is 0.00% 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.

Twenty Mile Metals Business Description

Address 1050 Pender St W, No. 1710, Vancouver, BC, CAN, V6E 3S7
Twenty Mile Metals Inc is focused on the exploration and development of the Twenty Mile Project located in British Columbia, Canada.
11GF Score

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