Mandalay Resources (TSX:MND) Tax Rate % : 40.03% (As of Mar. 2024)

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What is Mandalay Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mandalay Resources's Tax Expense for the three months ended in Mar. 2024 was C$5.3 Mil. Mandalay Resources's Pre-Tax Income for the three months ended in Mar. 2024 was C$13.3 Mil. Therefore, Mandalay Resources's Tax Rate % for the quarter that ended in Mar. 2024 was 40.03%.

Mandalay Resources Tax Rate % Historical Data

The historical data trend for Mandalay Resources'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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Mandalay Resources Tax Rate % Chart

Mandalay Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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6.86

53.01

28.47

41.65

45.96

Mandalay Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															69.42	-69.59	30.69	58.59	40.03

Mandalay Resources Tax Rate % Calculation

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

Mandalay Resources'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 )
	=	8.971	/	19.518
	=	45.96 %

Mandalay Resources's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	5.321	/	13.291
	=	40.03 %

Mandalay Resources Tax Rate % Related Terms

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Mandalay Resources (TSX:MND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mandalay Resources Corp (TSX:MND) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MNDJF:USA R7X2:Germany

Address

76 Richmond Street East, Suite 330, Toronto, ON, CAN, M5C 1P1

Website

https://www.mandalayresources.com

Mandalay Resources Corp is a Canadian-based natural resource corporation with producing assets in Australia and Sweden, and care and maintenance and development projects in Chile and Canada. The company focuses on growing its production and reducing costs at its gold and antimony operation in Australia, and its gold mine in Sweden, to generate near-term sustainable positive cash flow.

Executives

Frazer William Bourchier

Senior Officer

Mandalay Resources (TSX:MND) Headlines

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