Richmond Minerals (TSXV:RMD) Tax Rate % : 0.00% (As of Nov. 2023)

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Richmond Minerals Tax Rate % Definition

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Richmond Minerals's Tax Expense for the three months ended in Nov. 2023 was C$0.00 Mil. Richmond Minerals's Pre-Tax Income for the three months ended in Nov. 2023 was C$-0.15 Mil. Therefore, Richmond Minerals's Tax Rate % for the quarter that ended in Nov. 2023 was 0.00%.

Richmond Minerals Tax Rate % Historical Data

The historical data trend for Richmond 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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Richmond Minerals Tax Rate % Chart

Richmond Minerals Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Tax Rate %

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9.09

10.18

20.43

1.54

1.85

Richmond Minerals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Tax Rate %	Get a 7-Day Free Trial															-	-	2.94	-	-

Richmond Minerals Tax Rate % Calculation

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

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

Tax Rate %	=	Tax Expense (A: May. 2023 )	/	Pre-Tax Income (A: May. 2023 )
	=	-0.003	/	-0.162
	=	1.85 %

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

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	0	/	-0.152
	=	0.00 %

Richmond Minerals Tax Rate % Related Terms

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Richmond Minerals (TSXV:RMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Minerals Inc (TSXV:RMD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

R520:Germany

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

https://www.richmondminerals.com

Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.