Whitemud Resources (TSXV:WMK) Gross Margin %: 5.24% (As of Mar. 2026) — 92% Below Median


TSXV:WMK Whitemud Resources Inc TSXV:WMK
16 GF Score
Price C$0.13
! 3 Warning Signs
View Full Analysis

What is Whitemud Resources Gross Margin %?

Whitemud Resources TSXV:WMK -7.14% 16 Gross Margin % is 5.24% as of Mar. 2026, which is 92% below its 10-year median of 64.01. GuruFocus rates TSXV:WMK with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 727 Metals & Mining companies, Whitemud Resources ranks worse than 95.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Whitemud Resources's Gross Profit for the three months ended in Mar. 2026 was C$0.01 Mil. Whitemud Resources's Revenue for the three months ended in Mar. 2026 was C$0.25 Mil. Therefore, Whitemud Resources's Gross Margin % for the quarter that ended in Mar. 2026 was 5.24%.


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

TSXV:WMK' s Gross Margin % Range Over the Past 10 Years
Min: -92.08   Med: 64.01   Max: 98.67
Current: -70.07


During the past 13 years, the highest Gross Margin % of Whitemud Resources was 98.67%. The lowest was -92.08%. And the median was 64.01%.

TSXV:WMK's Gross Margin % is ranked worse than
95.6% of 727 companies
in the Metals & Mining industry
Industry Median: 26.2 vs TSXV:WMK: -70.07

Whitemud Resources had a gross margin of 5.24% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Whitemud Resources was 0.00% per year.


Whitemud Resources  (TSXV:WMK) 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

Whitemud Resources had a gross margin of 5.24% 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.


Whitemud Resources Gross Margin % Related Terms


Whitemud Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for Whitemud Resources'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.

Whitemud Resources Gross Margin % Chart

Whitemud Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.61 66.15 27.03 -54.92 -92.08

Whitemud Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.13 25.53 0.97 -284.77 5.24

Whitemud Resources Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Whitemud Resources'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.


Whitemud Resources Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Whitemud Resources's Gross Margin % falls into.


TSXV:WMK
16GF Score
Whitemud Resources Inc TSXV:WMK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whitemud Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Whitemud Resources's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-0.5 / 0.568
=(Revenue - Cost of Goods Sold) / Revenue
=(0.568 - 1.091) / 0.568
=-92.08 %

Whitemud Resources'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 / 0.248
=(Revenue - Cost of Goods Sold) / Revenue
=(0.248 - 0.235) / 0.248
=5.24 %

* 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 5.24% mean?
Whitemud Resources (TSXV:WMK) has a Gross Margin % of 5.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Whitemud Resources and its competitors. This is 92% below median its historical median of 64.01. According to the industry distribution chart, Whitemud Resources ranks #695 out of 727 companies in the Metals & Mining industry, placing it in the top 95.6%.
Is Whitemud Resources' Gross Margin % too high?
Whitemud Resources' current Gross Margin % of 5.24% is 92% below median its 10-year median of 64.01. The Metals & Mining industry median Gross Margin % is 26.20. Whitemud Resources' value of 5.24% is 80% below this industry median. Based on the distribution chart, Whitemud Resources ranks #695 out of 727 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Whitemud Resources has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Whitemud Resources' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Whitemud Resources ranks #695 out of 727 companies for Gross Margin %. This places Whitemud Resources in the lower half of its industry. The industry median Gross Margin % is 26.20. Whitemud Resources' value of 5.24% is 80% below this benchmark. While the company's 10-year median is 64.01 vs. the industry median of 26.20, Whitemud Resources has consistently been below 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 26.20, based on 727 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. Whitemud Resources's current Gross Margin % of 5.24% is 80% 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 Whitemud Resources 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. Whitemud Resources's current Gross Margin % is 5.24%, which is 92% below median its own 10-year median of 64.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitemud Resources stock overvalued right now?
Whitemud Resources (TSXV:WMK) has a current Gross Margin % of 5.24%. The current Gross Margin % is 5.24%, which is 92% below median its 10-year median of 64.01 and 80% below the Metals & Mining industry median of 26.20. Whitemud Resources' overall GF Score™ is 16/100 with 3 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 Whitemud Resources (TSXV:WMK), the current Gross Margin % is 5.24% 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.

Whitemud Resources Business Description

Address 6713 Fairmount Drive Se, Calgary, AB, CAN, T2H 0X6
Whitemud Resources Inc is engaged in the business of developing a process to mine and process kaolin into a high reactivity metakaolin that imparts beneficial properties to concrete mixtures. metakaolin is processed from naturally occurring kaolin clay into a dry, off-white fine powder cementitious material that meets the criteria.
16GF Score

Get the complete analysis for TSXV:WMK

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.13
Price