Andean Precious Metals (TSX:APM) Gross Profit: C$266.9 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:APM Andean Precious Metals Corp TSX:APM
79 GF Score
Price C$6.76
GF Value C$4.23
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Andean Precious Metals Gross Profit?

Andean Precious Metals TSX:APM -1.17% 79 Gross Profit is C$266.9 Mil as of Mar. 2026. GuruFocus rates TSX:APM with a GF Score™ of 79/100 and a GF Value™ of C$4.23 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Andean Precious Metals's gross profit for the three months ended in Mar. 2026 was C$103.7 Mil. Andean Precious Metals's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was C$266.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Andean Precious Metals's gross profit for the three months ended in Mar. 2026 was C$103.7 Mil. Andean Precious Metals's Revenue for the three months ended in Mar. 2026 was C$223.8 Mil. Therefore, Andean Precious Metals's Gross Margin % for the quarter that ended in Mar. 2026 was 46.33%.

Andean Precious Metals had a gross margin of 46.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Andean Precious Metals was 42.09%. The lowest was 8.98%. And the median was 26.95%.


Andean Precious Metals  (TSX:APM) Gross Profit 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

Andean Precious Metals had a gross margin of 46.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Andean Precious Metals Gross Profit Related Terms


Andean Precious Metals Gross Profit Historical Data

* Premium members only.

The historical data trend for Andean Precious Metals's Gross Profit 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.

Andean Precious Metals Gross Profit Chart

Andean Precious Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 49.67 13.18 21.71 97.68 195.22

Andean Precious Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 33.05 40.16 50.87 72.21 103.69

TSX:APM vs EXK: Gross Profit Comparison

For the Silver subindustry, Andean Precious Metals's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Andean Precious Metals Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Andean Precious Metals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Andean Precious Metals's Gross Profit falls into.


TSX:APM
79GF Score
Andean Precious Metals Corp TSX:APM
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andean Precious Metals Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Andean Precious Metals's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=496.381 - 301.158
=195.2

Andean Precious Metals's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=223.801 - 120.116
=103.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$266.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Andean Precious 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=103.7 / 223.801
=46.33 %

* 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 Profit →
What does a Gross Profit of C$266.9 Mil mean?
Andean Precious Metals (TSX:APM) has a Gross Profit of C$266.9 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Andean Precious Metals and its competitors.
Is Andean Precious Metals' Gross Profit too high?
Andean Precious Metals' current Gross Profit is C$266.9 Mil. Overall, Andean Precious Metals has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Andean Precious Metals' Gross Profit compare to EXK?
Andean Precious Metals' Gross Profit of C$266.9 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Andean Precious Metals and its competitors. Andean Precious Metals's current Gross Profit is C$266.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andean Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Andean Precious Metals (TSX:APM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$4.23, compared to a current price of C$6.76 — trading 59.8% above its estimated fair value. The current Gross Profit is C$266.9 Mil. Andean Precious Metals' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Andean Precious Metals (TSX:APM), the current Gross Profit is C$266.9 Mil 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 Andean Precious Metals (TSX:APM) Overvalued in 2026?

Based on GuruFocus' analysis, Andean Precious Metals stock appears to be overvalued. The current stock price of C$6.76 is trading 59.8% above its estimated GF Value™ of C$4.23. GuruFocus considers Andean Precious Metals to be Significantly Overvalued.

Key valuation signals for TSX:APM:

  • Gross Profit: C$266.9 Mil
  • GF Value™: C$4.23 vs. price of C$6.76 (59.8% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TSX:APM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Andean Precious Metals Business Description

Other Exchanges ANPMF:USA6ZS:Germany
Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Andean Precious Metals Corp is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosi, Bolivia, and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. The company, along with its subsidiaries, is engaged in the exploration, exploitation, treatment, refining, and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material. Its segments are Bolivia and the USA.
79GF Score

Get the complete analysis for TSX:APM

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

C$6.76
Price
C$4.23
GF Value