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Fortune Minerals (Fortune Minerals) Tax Rate % : 0.00% (As of Dec. 2023)


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What is Fortune Minerals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortune Minerals's Tax Expense for the three months ended in Dec. 2023 was $0.00 Mil. Fortune Minerals's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.61 Mil. Therefore, Fortune Minerals's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.


Fortune Minerals Tax Rate % Historical Data

The historical data trend for Fortune Minerals's Tax Rate % 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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Fortune Minerals Tax Rate % Chart

Fortune Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
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Fortune Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Fortune Minerals Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fortune Minerals's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0/-2.125
=0.00 %

Fortune Minerals's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0/-0.611
=0.00 %

* 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.


Fortune Minerals Tax Rate % Related Terms

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Fortune Minerals (Fortune Minerals) Business Description

Traded in Other Exchanges
Address
617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.