Goldgroup Mining (GORO) Gross Margin (2010 - 2026)
Goldgroup Mining (GORO) posted Gross Margin of 43.34% for Q1 2026, up 55.09 percentage points from -11.75% a year earlier but down 8.18 percentage points from the prior quarter.
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Analysis
Goldgroup Mining (GORO) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Gross Margin at Goldgroup Mining was 35.99%, up 69.30 percentage points year-over-year; for FY2025, it came in at 26.84%, up 58.02 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +13.08 percentage points (FY2020 to FY2025).
- In prior years, Goldgroup Mining's Gross Margin was -31.18% in FY2024 (-25.83 pp), -5.35% in FY2023 (-26.79 pp), 21.44% in FY2022 (-7.91 pp) and 29.35% in FY2021 (+15.58 pp).
- Quarterly Gross Margin has run from a low of -65.33% in Q3 2024 to a high of 51.52% in Q4 2025 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of +16.83 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2025, with a gain of 98.25 percentage points; the weakest was Q3 2024, with a drop of 44.01 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 51.52% (Q4 2025), 25.01% (Q3 2025) and -39.37% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Goldgroup Mining | 542.32 Mn | 463.81 Mn | 19.05 Mn | 43.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 43.34% |
| Dec 31, 2025 | 51.52% |
| Sep 30, 2025 | 25.01% |
| Jun 30, 2025 | -39.37% |
| Mar 31, 2025 | -11.75% |
| Dec 31, 2024 | -46.72% |
| Sep 30, 2024 | -65.33% |
| Jun 30, 2024 | -17.28% |
| Mar 31, 2024 | -11.60% |
| Dec 31, 2023 | -12.61% |
| Sep 30, 2023 | -21.31% |
| Jun 30, 2023 | -8.62% |
| Mar 31, 2023 | 12.68% |
| Dec 31, 2022 | 14.16% |
| Sep 30, 2022 | -9.12% |
| Jun 30, 2022 | 21.64% |
| Mar 31, 2022 | 42.55% |
| Dec 31, 2021 | 34.28% |
| Sep 30, 2021 | 28.40% |
| Jun 30, 2021 | 22.31% |
API Access
Goldgroup Mining Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GORO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GORO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();