RANKINGS
Highest Gross Margin — Mining
Gross margin measures the percentage of revenue retained after cost of goods sold.
63 companies with Gross Margin data.
Ranked by Gross Margin(63)
| # | Ticker | Name | Market Cap | Gross Margin |
|---|---|---|---|---|
| 1 | GROY | $750M | 76.4% | |
| 2 | WPM | $60.2B | 72.2% | |
| 3 | AEM | $91.6B | 71.9% | |
| 4 | NEM | $117.2B | 68.3% | |
| 5 | IE | $2.1B | 64.8% | |
| 6 | ELE | $1.1B | 62.6% | |
| 7 | SCCO | $159.6B | 61.9% | |
| 8 | ODV | $853M | 60.9% | |
| 9 | AG | $10.4B | 56.8% | |
| 10 | AGI | $17.1B | 55.2% | |
| 11 | ASM | $1.3B | 52.6% | |
| 12 | LGO | $94M | 52.2% | |
| 13 | B | $71.3B | 51.3% | |
| 14 | HL | $11.9B | 50.9% | |
| 15 | UEC | $6.8B | 49.6% | |
| 16 | LZM | $479M | 49.5% | |
| 17 | FSM | $3.0B | 49.3% | |
| 18 | EGO | $8.8B | 48.5% | |
| 19 | USLM | $3.3B | 48.2% | |
| 20 | GFI | $35.7B | 45.3% | |
| 21 | ATLX | $124M | 44.3% | |
| 22 | IAG | $10.3B | 42.3% | |
| 23 | CMCL | $459M | 42.1% | |
| 24 | TRX | $375M | 41.5% | |
| 25 | NAMM | $83M | 41.4% | |
| 26 | DRD | $2.3B | 39.7% | |
| 27 | PAAS | $24.0B | 38.8% | |
| 28 | GORO | $225M | 36.0% | |
| 29 | EQX | $10.7B | 35.4% | |
| 30 | VALE | $69.3B | 35.0% | |
| 31 | UUUU | $4.6B | 34.6% | |
| 32 | HBM | $11.6B | 33.6% | |
| 33 | BVN | $9.4B | 31.1% | |
| 34 | MLM | $34.9B | 30.3% | |
| 35 | HCC | $5.0B | 30.1% | |
| 36 | SQM | $24.5B | 29.3% | |
| 37 | CCJ | $49.1B | 27.9% | |
| 38 | VMC | $36.7B | 27.7% | |
| 39 | FCX | $94.5B | 26.6% | |
| 40 | LEU | $3.6B | 25.7% | |
| 41 | CGAU | $3.5B | 24.1% | |
| 42 | TII | $230M | 23.8% | |
| 43 | NEXA | $2.0B | 23.7% | |
| 44 | EU | $311M | 22.3% | |
| 45 | TGB | $2.7B | 22.0% | |
| 46 | IAUX | $1.4B | 18.5% | |
| 47 | KNF | $4.5B | 18.2% | |
| 48 | EXK | $3.0B | 17.7% | |
| 49 | CMP | $1.3B | 17.5% | |
| 50 | CNR | $4.5B | 16.0% | |
| 51 | NC | $382M | 15.7% | |
| 52 | GAU | $606M | 14.7% | |
| 53 | METC | $1.0B | 14.5% | |
| 54 | MP | $11.5B | 14.2% | |
| 55 | URG | $644M | 12.6% | |
| 56 | SND | $184M | 11.5% | |
| 57 | AMR | $2.5B | 10.5% | |
| 58 | ALM | $5.6B | 7.3% | |
| 59 | SBSW | $8.4B | 6.2% | |
| 60 | NFGC | $799M | 2.0% | |
| 61 | CLF | $7.8B | -2.9% | |
| 62 | ABAT | $492M | -42.7% | |
| 63 | ATCX | $21M | -64.3% |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
Gross Margin Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io