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Victoria Gold (TSX:VGCX) Pretax Margin % : -14.64% (As of Mar. 2024)


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What is Victoria Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Victoria Gold's Pre-Tax Income for the three months ended in Mar. 2024 was C$-12.1 Mil. Victoria Gold's Revenue for the three months ended in Mar. 2024 was C$83.0 Mil. Therefore, Victoria Gold's pretax margin for the quarter that ended in Mar. 2024 was -14.64%.

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

TSX:VGCX' s Pretax Margin % Range Over the Past 10 Years
Min: 7.33   Med: 15.16   Max: 40.35
Current: 7.33


TSX:VGCX's Pretax Margin % is ranked better than
69.04% of 856 companies
in the Metals & Mining industry
Industry Median: 0.585 vs TSX:VGCX: 7.33

Victoria Gold Pretax Margin % Historical Data

The historical data trend for Victoria 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.

* Premium members only.

Victoria Gold Pretax Margin % Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.59 40.35 17.72 10.41

Victoria Gold Quarterly Data
May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 22.81 9.95 4.32 -14.64

Competitive Comparison of Victoria Gold's Pretax Margin %

For the Gold subindustry, Victoria 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.


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

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

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



Victoria 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.

Victoria 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 )
=43.394/416.902
=10.41 %

Victoria 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 )
=-12.149/82.982
=-14.64 %

* 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.


Victoria Gold  (TSX:VGCX) 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.


Victoria Gold Pretax Margin % Related Terms

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Victoria Gold (TSX:VGCX) Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.
Executives
John Charles Mcconnell Director, Senior Officer

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