Hemlo MiningTSX:HMMC +2.37%27 Net Margin % is 11.88% as of Mar. 2026. GuruFocus rates TSX:HMMC with a GF Score™ of 27/100. The stock has 3 warning signs investors should review. Among 843 Metals & Mining companies, Hemlo Mining ranks worse than 68.8% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hemlo Mining's Net Income for the
three
months ended in Mar. 2026 was C$30.4 Mil. Hemlo Mining's Revenue for the
three
months ended in Mar. 2026 was C$255.6 Mil. Therefore, Hemlo Mining's net margin for the quarter that ended in Mar. 2026 was 11.88%.
The historical rank and industry rank for Hemlo Mining's Net Margin % or its related term are showing as below:
TSX:HMMC'
s Net Margin % Range Over the Past 10 Years
Min: -109.29 Med: -35.59 Max: 46.96
Current: -8.05
TSX:HMMC's Net Margin % is ranked worse than 68.8% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs TSX:HMMC: -8.05
Hemlo Mining (TSX:HMMC) 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.
Hemlo Mining Net Margin % Related Terms
Hemlo Mining Net Margin % Historical Data
* Premium members only.
The historical data trend for Hemlo Mining'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.
For the Gold subindustry, Hemlo Mining'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.
Hemlo Mining Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hemlo Mining's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hemlo Mining'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.
Hemlo Mining (TSX:HMMC) has a Net Margin % of 11.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hemlo Mining and its competitors. According to the industry distribution chart, Hemlo Mining ranks #580 out of 843 companies in the Metals & Mining industry, placing it in the top 68.8%.
Is Hemlo Mining's Net Margin % too high?
Hemlo Mining's current Net Margin % is 11.88%. The Metals & Mining industry median Net Margin % is 3.41. Hemlo Mining's value of 11.88% is 248.4% above this industry median. Based on the distribution chart, Hemlo Mining ranks #580 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Hemlo Mining has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Hemlo Mining's Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Hemlo Mining ranks #580 out of 843 companies for Net Margin %. This places Hemlo Mining in the lower half of its industry. The industry median Net Margin % is 3.41. Hemlo Mining's value of 11.88% is 248.4% above 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. Hemlo Mining's current Net Margin % of 11.88% is 248.4% above 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 Hemlo Mining 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. Hemlo Mining's current Net Margin % is 11.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemlo Mining stock overvalued right now?
Hemlo Mining (TSX:HMMC) has a current Net Margin % of 11.88%. The current Net Margin % is 11.88% and 248.4% above the Metals & Mining industry median of 3.41. Hemlo Mining's overall GF Score™ is 27/100 with 3 warning signs to review. 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 Hemlo Mining (TSX:HMMC), the current Net Margin % is 11.88% 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.
Hemlo Mining Corp is a Canadian gold producer focused on the production and sale of gold, as well as related activities such as mine development and exploration. It owns the Hemlo Mine, which is a long-life, fully integrated gold mining operation located east of the town of Marathon in northwestern Ontario, Canada, along the Trans-Canada Highway and just north of Lake Superior. The Hemlo Mine produces gold from both underground and open-pit operations.
27GF Score
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