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Southstone Minerals's gross profit for the
three
months ended in May. 2026 was C$1.22 Mil. Southstone Minerals's gross profit for the trailing twelve months (TTM) ended in May. 2026 was C$2.35 Mil.
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
Southstone Minerals had a gross margin of 18.84% for the quarter that ended in May. 2026 => No sustainable competitive advantage
Southstone Minerals Gross Profit Related Terms
Southstone Minerals Gross Profit Historical Data
* Premium members only.
The historical data trend for Southstone Minerals'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.
For the Other Precious Metals & Mining subindustry, Southstone Minerals'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.
Southstone Minerals Gross Profit vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southstone Minerals's Gross Profit distribution charts can be found below:
* The bar in red indicates where Southstone Minerals's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.35 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Southstone Minerals (TSXV:SML) has a Gross Profit of C$2.35 Mil as of May. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Southstone Minerals and its competitors.
Is Southstone Minerals' Gross Profit too high?
Southstone Minerals' current Gross Profit is C$2.35 Mil.
How does Southstone Minerals' Gross Profit compare to HL?
Southstone Minerals' Gross Profit of C$2.35 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 Southstone Minerals and its competitors. Southstone Minerals's current Gross Profit is C$2.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Based on GuruFocus' analysis, Southstone Minerals (TSXV:SML) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.08, compared to a current price of C$0.04 — trading 50% below its estimated fair value. The current Gross Profit is C$2.35 Mil. 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 Southstone Minerals (TSXV:SML), the current Gross Profit is C$2.35 Mil as of May. 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.
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.
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