FLMCF (First Lithium Minerals) Tax Rate %: 0.00% (As of Jun. 2026)

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What is First Lithium Minerals Tax Rate %?

First Lithium Minerals FLMCF -3.52% Tax Rate % is 0.00% as of Jun. 2026. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Lithium Minerals's Tax Expense for the three months ended in Jun. 2026 was $0.00 Mil. First Lithium Minerals's Pre-Tax Income for the three months ended in Jun. 2026 was $-0.20 Mil. Therefore, First Lithium Minerals's Tax Rate % for the quarter that ended in Jun. 2026 was 0.00%.


First Lithium Minerals Tax Rate % Related Terms


First Lithium Minerals Tax Rate % Historical Data

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The historical data trend for First Lithium Minerals'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.

First Lithium Minerals Tax Rate % Chart

First Lithium Minerals Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
0.00 0.00 0.00 0.00 0.00

First Lithium Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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

First Lithium Minerals Tax Rate % Calculation

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

First Lithium Minerals's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0/-1.036
=0.00 %

First Lithium Minerals's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=0/-0.202
=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?
First Lithium Minerals (FLMCF) has a Tax Rate % of 0.00% as of Jun. 2026.
Is First Lithium Minerals' Tax Rate % too high?
First Lithium Minerals' current Tax Rate % is 0.00%.
How does First Lithium Minerals' Tax Rate % compare to competitors?
First Lithium Minerals' 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. First Lithium Minerals'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 First Lithium Minerals stock overvalued right now?
First Lithium Minerals (FLMCF) 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 First Lithium Minerals (FLMCF), the current Tax Rate % is 0.00% as of Jun. 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.

First Lithium Minerals Business Description

Other Exchanges X28:GermanyFLM:Canada
Address 40 King Street West, Scotia Plaza, Suite 2400, P.O. Box 215, Toronto, ON, CAN, M5H 3Y2
First Lithium Minerals Corp is a mineral exploration company. The company's projects include the OCA Project in Northern Chile, the LSL Project located in Ontario, the Lucia project in Chile, the Jenna project in Chile, the Senneville project in Quebec, and the Lidstone Project in Ontario.