McEwen Mining (WBO:MUX) Tax Rate % : 20.62% (As of Dec. 2023)

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What is McEwen Mining Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. McEwen Mining's Tax Expense for the three months ended in Dec. 2023 was €33.6 Mil. McEwen Mining's Pre-Tax Income for the three months ended in Dec. 2023 was €163.1 Mil. Therefore, McEwen Mining's Tax Rate % for the quarter that ended in Dec. 2023 was 20.62%.

McEwen Mining Tax Rate % Historical Data

The historical data trend for McEwen Mining'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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McEwen Mining Tax Rate % Chart

McEwen Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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6.05

0.90

11.39

-7.23

50.51

McEwen Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-20.45	1.45	4.52	0.85	20.62

McEwen Mining Tax Rate % Calculation

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

McEwen Mining'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 )
	=	31.049	/	61.472
	=	50.51 %

McEwen Mining'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 )
	=	33.643	/	163.143
	=	20.62 %

McEwen Mining Tax Rate % Related Terms

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McEwen Mining (WBO:MUX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McEwen Mining Inc (WBO:MUX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MUX:USA US8:Germany US8:Germany MUX:Canada

Address

150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9

Website

https://www.mcewenmining.com

McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.