New Murchison GoldASX:NMG -4.55% Operating Margin % is 0.00% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 841 Metals & Mining companies, New Murchison Gold ranks better than 78% on this metric.
New Murchison Gold (ASX:NMG) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
New Murchison Gold Operating Margin % Related Terms
New Murchison Gold Operating Margin % Historical Data
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The historical data trend for New Murchison Gold's Operating 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.
New Murchison Gold Operating Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, New Murchison Gold's Operating Margin %, along with its competitors' market caps and Operating 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.
New Murchison Gold Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Murchison Gold's Operating Margin % distribution charts can be found below:
* The bar in red indicates where New Murchison Gold's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
New Murchison Gold's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
New Murchison Gold (ASX:NMG) has a Operating Margin % of 0.00% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on New Murchison Gold and its competitors. Over the past decade, New Murchison Gold's Operating Margin % has ranged from 28.39 to 28.39. According to the industry distribution chart, New Murchison Gold ranks #185 out of 841 companies in the Metals & Mining industry, placing it in the top 22%.
Is New Murchison Gold's Operating Margin % too high?
New Murchison Gold's current Operating Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 28.39 to a high of 28.39. Based on the distribution chart, New Murchison Gold ranks #185 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does New Murchison Gold's Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, New Murchison Gold ranks #185 out of 841 companies for Operating Margin %. This places New Murchison Gold in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.79. Historically, New Murchison Gold's own Operating Margin % has ranged from 28.39 to 28.39 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on New Murchison Gold and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Murchison Gold's current Operating 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 New Murchison Gold stock overvalued right now?
New Murchison Gold (ASX:NMG) has a current Operating Margin % of 0.00%. The current Operating Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For New Murchison Gold (ASX:NMG), the current Operating Margin % is 0.00% 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.
New Murchison Gold Ltd Formerly Ora Gold Ltd is engaged in the mineral exploration industry in Australia. The company projects include Garden Gully; Red Bore and Keller Creek in Western Australia. The Garden Gully Gold Project represents an excellent opportunity for the discovery of a new gold camp in a region that has an established track record of hosting such occurrences.
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