ELMGF (Element79 Gold) Tax Rate %: 0.00% (As of May. 2026)

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What is Element79 Gold Tax Rate %?

Element79 Gold ELMGF -4.38% Tax Rate % is 0.00% as of May. 2026. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Element79 Gold's Tax Expense for the three months ended in May. 2026 was $0.00 Mil. Element79 Gold's Pre-Tax Income for the three months ended in May. 2026 was $-0.66 Mil. Therefore, Element79 Gold's Tax Rate % for the quarter that ended in May. 2026 was 0.00%.

Element79 Gold Tax Rate % Related Terms

Element79 Gold Tax Rate % Historical Data

* Premium members only.

The historical data trend for Element79 Gold'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.

Element79 Gold Tax Rate % Chart

Element79 Gold Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Element79 Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00

Element79 Gold Tax Rate % Calculation

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

Element79 Gold's Tax Rate % for the fiscal year that ended in Aug. 2025 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2025 )/Pre-Tax Income (A: Aug. 2025 )
=0/-11.792
=0.00 %

Element79 Gold's Tax Rate % for the quarter that ended in May. 2026 is calculated as

Tax Rate %=Tax Expense (Q: May. 2026 )/Pre-Tax Income (Q: May. 2026 )
=0/-0.66
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Element79 Gold (ELMGF) has a Tax Rate % of 0.00% as of May. 2026.
Is Element79 Gold's Tax Rate % too high?
Element79 Gold's current Tax Rate % is 0.00%.
How does Element79 Gold's Tax Rate % compare to NEM and AU?
Element79 Gold's Tax Rate % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Element79 Gold's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element79 Gold stock overvalued right now?
Element79 Gold (ELMGF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Element79 Gold (ELMGF), the current Tax Rate % is 0.00% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Element79 Gold Business Description

Other Exchanges 7YS0:GermanyELEM:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Element79 Gold Corp is an exploration stage company engaged in the acquisition, exploration and development of mineral properties in Peru, the United States of America and Canada. It is focused on mining of gold, silver and associated metals. The company's projects include the Elephant Project, Gold Mountain Project, and Lucero Project.