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Canadian Gold (TSXV:CGC) Pretax Margin % : % (As of Mar. 2024)


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What is Canadian Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canadian Gold's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.98 Mil. Canadian Gold's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Canadian Gold's pretax margin for the quarter that ended in Mar. 2024 was %.

The historical rank and industry rank for Canadian Gold's Pretax Margin % or its related term are showing as below:


TSXV:CGC's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Canadian Gold Pretax Margin % Historical Data

The historical data trend for Canadian Gold's Pretax 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.

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Canadian Gold Pretax Margin % Chart

Canadian Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
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Canadian Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Canadian Gold's Pretax Margin %

For the Gold subindustry, Canadian Gold's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Canadian Gold's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canadian Gold's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Canadian Gold's Pretax Margin % falls into.



Canadian Gold Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Canadian Gold's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-3.295/0
= %

Canadian Gold's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.976/0
= %

* 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.


Canadian Gold  (TSXV:CGC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Canadian Gold Pretax Margin % Related Terms

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Canadian Gold (TSXV:CGC) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2702, P.O.Box 86, Toronto, ON, CAN, M5H 2Y4
Canadian Gold Corp is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan Lake Gold Mine Project, located in Flin Flon, Manitoba. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and the Hammond Reef Project (ON).
Executives
Jennifer L Boyle Director, Senior Officer