Boreal Gold (XCNQ:BGLD) Gross Margin %: 0.00% (As of Feb. 2026)

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XCNQ:BGLD Boreal Gold Inc XCNQ:BGLD
14 GF Score
Price C$0.19
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What is Boreal Gold Gross Margin %?

Boreal Gold XCNQ:BGLD -9.52% 14 Gross Margin % is 0.00% as of Feb. 2026. GuruFocus rates XCNQ:BGLD with a GF Score™ of 14/100. Among 732 Metals & Mining companies, Boreal Gold ranks worse than 136611.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Boreal Gold's Gross Profit for the three months ended in Feb. 2026 was C$0.00 Mil. Boreal Gold's Revenue for the three months ended in Feb. 2026 was C$0.00 Mil. Therefore, Boreal Gold's Gross Margin % for the quarter that ended in Feb. 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 Boreal Gold's Gross Margin % or its related term are showing as below:


XCNQ:BGLD's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.69
* Ranked among companies with meaningful Gross Margin % only.

Boreal Gold had a gross margin of N/A% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage

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


Boreal Gold  (XCNQ:BGLD) 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

Boreal Gold had a gross margin of N/A% for the quarter that ended in Feb. 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.


Boreal Gold Gross Margin % Related Terms


Boreal Gold Gross Margin % Historical Data

* Premium members only.

The historical data trend for Boreal Gold'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.

Boreal Gold Gross Margin % Chart

Boreal Gold Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Gross Margin %
0.00 0.00 0.00 0.00

Boreal Gold Quarterly Data
Aug22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XCNQ:BGLD vs NEM, AU: Gross Margin % Comparison

For the Gold subindustry, Boreal Gold'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.


Boreal Gold Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Boreal Gold's Gross Margin % falls into.


XCNQ:BGLD
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Boreal Gold Inc XCNQ:BGLD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boreal Gold 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.)

Boreal Gold's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.023) / 0
= %

Boreal Gold's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 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?
Boreal Gold (XCNQ:BGLD) has a Gross Margin % of 0.00% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Boreal Gold and its competitors. According to the industry distribution chart, Boreal Gold ranks #999999 out of 732 companies in the Metals & Mining industry.
Is Boreal Gold's Gross Margin % too high?
Boreal Gold's current Gross Margin % is 0.00%. Based on the distribution chart, Boreal Gold ranks #999999 out of 732 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Boreal Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Boreal Gold's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Boreal Gold ranks #999999 out of 732 companies for Gross Margin %. This places Boreal Gold in the lower half of its industry. The industry median Gross Margin % is 26.69. 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 26.69, based on 732 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 Boreal Gold and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boreal Gold'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 Boreal Gold stock overvalued right now?
Boreal Gold (XCNQ:BGLD) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Boreal Gold's overall GF Score™ is 14/100. 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 Boreal Gold (XCNQ:BGLD), the current Gross Margin % is 0.00% as of Feb. 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.

Boreal Gold Business Description

Address 12 Mitchell Road, Box 306, Flin Flon, Winnipeg, MB, CAN, R8A 1N1
Boreal Gold Inc is an exploration and development Company. The company is engaged in exploring and developing the copper-zinc gold deposits in Snow Lake Manitoba via two primary target areas, the Melgurd property, and the Fay Lake property. The company focuses on gold in the Flin Flon Mining Camp of Manitoba and Saskatchewan.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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