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Minas Metals (XCNQ:MINA) Pretax Margin % : % (As of Oct. 2023)


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What is Minas Metals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Minas Metals's Pre-Tax Income for the three months ended in Oct. 2023 was C$-0.46 Mil. Minas Metals's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Minas Metals's pretax margin for the quarter that ended in Oct. 2023 was %.

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


XCNQ:MINA's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Minas Metals Pretax Margin % Historical Data

The historical data trend for Minas Metals'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.

Minas Metals Pretax Margin % Chart

Minas Metals Annual Data
Trend Jan22 Jan23
Pretax Margin %
- -

Minas Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Minas Metals's Pretax Margin %

For the Gold subindustry, Minas Metals'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.


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

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

* The bar in red indicates where Minas Metals's Pretax Margin % falls into.



Minas Metals 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.

Minas Metals's Pretax Margin for the fiscal year that ended in Jan. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2023 )/Revenue (A: Jan. 2023 )
=-0.556/0
= %

Minas Metals's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-0.461/0
= %

* 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.


Minas Metals  (XCNQ:MINA) 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.


Minas Metals Pretax Margin % Related Terms

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Minas Metals (XCNQ:MINA) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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