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Fredonia Mining (TSXV:FRED) Pretax Margin % : % (As of Dec. 2023)


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What is Fredonia Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fredonia Mining's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.42 Mil. Fredonia Mining's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Fredonia Mining's pretax margin for the quarter that ended in Dec. 2023 was %.

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


TSXV:FRED's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.64
* Ranked among companies with meaningful Pretax Margin % only.

Fredonia Mining Pretax Margin % Historical Data

The historical data trend for Fredonia Mining'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.

Fredonia Mining Pretax Margin % Chart

Fredonia Mining Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Pretax Margin %
- - - -

Fredonia Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Fredonia Mining's Pretax Margin %

For the Other Precious Metals & Mining subindustry, Fredonia Mining'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.


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

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

* The bar in red indicates where Fredonia Mining's Pretax Margin % falls into.



Fredonia Mining 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.

Fredonia Mining's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-3.624/0
= %

Fredonia Mining's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.42/0
= %

* 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.


Fredonia Mining  (TSXV:FRED) 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.


Fredonia Mining Pretax Margin % Related Terms

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Fredonia Mining (TSXV:FRED) Business Description

Traded in Other Exchanges
N/A
Address
350 Bay Street, Number 700, Toronto, ON, CAN, M5H 2S6
Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with significant gold mineralization encountered in the radial as well as ring structures.
Executives
Estanislao Ricardo Auriemma Director, Senior Officer

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