Legacy Iron OreLRNRF Net Margin % is 3.31% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 843 Metals & Mining companies, Legacy Iron Ore ranks worse than 63.11% on this metric.
The historical rank and industry rank for Legacy Iron Ore's Net Margin % or its related term are showing as below:
LRNRF'
s Net Margin % Range Over the Past 10 Years
Min: -460.49 Med: -64.48 Max: -0.63
Current: -0.63
LRNRF's Net Margin % is ranked worse than 63.11% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs LRNRF: -0.63
Legacy Iron Ore (OTCPK:LRNRF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Legacy Iron Ore Net Margin % Related Terms
Legacy Iron Ore Net Margin % Historical Data
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The historical data trend for Legacy Iron Ore's Net 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.
Legacy Iron Ore Net Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Legacy Iron Ore's Net Margin %, along with its competitors' market caps and Net 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.
Legacy Iron Ore Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Legacy Iron Ore's Net Margin % distribution charts can be found below:
* The bar in red indicates where Legacy Iron Ore's Net 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.
Legacy Iron Ore (LRNRF) has a Net Margin % of 3.31% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Legacy Iron Ore and its competitors. According to the industry distribution chart, Legacy Iron Ore ranks #532 out of 843 companies in the Metals & Mining industry, placing it in the top 63.1%.
Is Legacy Iron Ore's Net Margin % too high?
Legacy Iron Ore's current Net Margin % is 3.31%. The Metals & Mining industry median Net Margin % is 3.41. Legacy Iron Ore's value of 3.31% is 2.9% below this industry median. Based on the distribution chart, Legacy Iron Ore ranks #532 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Legacy Iron Ore's Net Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Legacy Iron Ore ranks #532 out of 843 companies for Net Margin %. This places Legacy Iron Ore in the lower half of its industry. The industry median Net Margin % is 3.41. Legacy Iron Ore's value of 3.31% is 2.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legacy Iron Ore's current Net Margin % of 3.31% is 2.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Legacy Iron Ore and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Iron Ore's current Net Margin % is 3.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Iron Ore stock overvalued right now?
Legacy Iron Ore (LRNRF) has a current Net Margin % of 3.31%. The current Net Margin % is 3.31% and 2.9% below the Metals & Mining industry median of 3.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Legacy Iron Ore (LRNRF), the current Net Margin % is 3.31% 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.
Legacy Iron Ore Ltd is an active exploration and gold mining company with a diverse portfolio of prospective assets. The company owns a gold mine at Mount Celia and is advancing the development of additional gold, iron, and base metal assets in Western Australia through systematic exploration and mine development programs. Its portfolio comprises three key projects, namely Mt Bevan, South Laverton, and East Kimberley. The company has three reportable segments: Iron ore exploration and development in Australia; (ii) Gold exploration and development in Australia, and (iii) Base metals and other critical minerals (OCM) exploration and development in Australia. The majority of revenue is derived from the Gold segment.
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