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G2 Goldfields (TSX:GTWO) Pretax Margin % : -1,118.23% (As of Nov. 2024)


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What is G2 Goldfields Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. G2 Goldfields's Pre-Tax Income for the three months ended in Nov. 2024 was C$-2.02 Mil. G2 Goldfields's Revenue for the three months ended in Nov. 2024 was C$0.18 Mil. Therefore, G2 Goldfields's pretax margin for the quarter that ended in Nov. 2024 was -1,118.23%.

The historical rank and industry rank for G2 Goldfields's Pretax Margin % or its related term are showing as below:

TSX:GTWO' s Pretax Margin % Range Over the Past 10 Years
Min: -2941.97   Med: -636.99   Max: -243.86
Current: -893.65


TSX:GTWO's Pretax Margin % is ranked worse than
81.05% of 855 companies
in the Metals & Mining industry
Industry Median: 2.37 vs TSX:GTWO: -893.65

G2 Goldfields Pretax Margin % Historical Data

The historical data trend for G2 Goldfields'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.

G2 Goldfields Pretax Margin % Chart

G2 Goldfields Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -243.86 -2,941.97 -636.99 -1,400.63 -583.43

G2 Goldfields Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -525.21 -523.61 -597.02 -1,409.92 -1,118.23

Competitive Comparison of G2 Goldfields's Pretax Margin %

For the Gold subindustry, G2 Goldfields'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.


G2 Goldfields's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G2 Goldfields's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where G2 Goldfields's Pretax Margin % falls into.


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G2 Goldfields 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.

G2 Goldfields's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=-3.098/0.531
=-583.43 %

G2 Goldfields's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2024 )/Revenue (Q: Nov. 2024 )
=-2.024/0.181
=-1,118.23 %

* 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.


G2 Goldfields  (TSX:GTWO) 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.


G2 Goldfields Pretax Margin % Related Terms

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G2 Goldfields Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5
G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties. The company's project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.
Executives
Anglogold Ashanti Holdings Plc 10% Security Holder
Patrick John Sheridan 10% Security Holder, Director, Senior Officer
Daniel Joseph Noone Director, Senior Officer
Stephen William Canning Stow Director
Bruce Rosenberg Director
Torben Michalsen Senior Officer
Paul Murphy Senior Officer
Peter James Mullens Director

G2 Goldfields Headlines

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