Monument MiningTSXV:MMY -2.50%82 Gross Margin % is 69.03% as of Mar. 2026, which is 67% above its 10-year median of 41.42. GuruFocus rates TSXV:MMY with a GF Score™ of 82/100 and a GF Value™ of C$1.08 (Modestly Undervalued). Among 728 Metals & Mining companies, Monument Mining ranks better than 89.84% 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
Monument Mining had a gross margin of 69.03% 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.
Monument Mining Gross Margin % Related Terms
Monument Mining Gross Margin % Historical Data
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The historical data trend for Monument 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 Gold subindustry, Monument 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.
Monument Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Monument Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Monument 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.
Monument Mining (TSXV:MMY) has a Gross Margin % of 69.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Monument Mining and its competitors. This is 67% above median its historical median of 41.42. Over the past decade, Monument Mining's Gross Margin % has ranged from 4.35 to 68.86. According to the industry distribution chart, Monument Mining ranks #74 out of 728 companies in the Metals & Mining industry, placing it in the top 10.2%.
Is Monument Mining's Gross Margin % too high?
Monument Mining's current Gross Margin % of 69.03% is 67% above median its 10-year median of 41.42. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 68.86. The Metals & Mining industry median Gross Margin % is 26.21. Monument Mining's value of 69.03% is 163.4% above this industry median. Based on the distribution chart, Monument Mining ranks #74 out of 728 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Monument Mining has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Monument Mining ranks #74 out of 728 companies for Gross Margin %. This places Monument Mining in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.21. Monument Mining's value of 69.03% is 163.4% above this benchmark. Historically, Monument Mining's own Gross Margin % has ranged from 4.35 to 68.86 over the past decade. While the company's 10-year median is 41.42 vs. the industry median of 26.21, Monument 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 26.21, based on 728 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. Monument Mining's current Gross Margin % of 69.03% is 163.4% 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 Monument Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monument Mining's current Gross Margin % is 69.03%, which is 67% above median its own 10-year median of 41.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (TSXV:MMY) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.08, compared to a current price of C$0.78 — trading 27.8% below its estimated fair value. The current Gross Margin % is 69.03%, which is 67% above median its 10-year median of 41.42 and 163.4% above the Metals & Mining industry median of 26.21. Monument Mining's overall GF Score™ is 82/100. 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 Monument Mining (TSXV:MMY), the current Gross Margin % is 69.03% 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.
Is Monument Mining (TSXV:MMY) Overvalued in 2026?
Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued.
The current stock price of C$0.78 is trading 27.8% below its estimated GF Value™ of C$1.08.
GuruFocus considers Monument Mining to be Modestly Undervalued.
Key valuation signals for TSXV:MMY:
Gross Margin %: 69.03% (67% above median its 10-year median of 41.42)
GF Value™: C$1.08 vs. price of C$0.78 (27.8% below fair value)
Industry Position: 163.4% above the Metals & Mining median (#74 of 728)
No single metric tells the full story. See the TSXV:MMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
82GF Score
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