May 26, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five companies in the Gold industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.
New Gold (AMEX:NGD) has gross margin of 88.3%, a sales growth of 68.5%, and trailing 12 months sales of $600 million.
Royal Gold (NASDAQ:RGLD) has gross margin of 65.1%, a sales growth of 58.5%, and trailing 12 months sales of $197.9 million.
Cia de Minas Buenaventura (NYSE:BVN) has gross margin of 57.3%, a sales growth of 80.2%, and trailing 12 months sales of $1.3 billion.
Barrick Gold (NYSE:ABX) has gross margin of 56.1%, a sales growth of 19.7%, and trailing 12 months sales of $11.5 billion.
Minefinders (AMEX:MFN) has gross margin of 55%, a sales growth of 97.8%, and trailing 12 months sales of $118.8 million.
SmarTrend currently has shares of Minefinders in an Downtrend and issued the Downtrend alert on May 04, 2011 at $15.09. The stock has fallen 11.7% since the Downtrend alert was issued.