Canada Nickel Co (TSXV:CNC) Tax Rate % : -42.34% (As of Oct. 2024)

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What is Canada Nickel Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canada Nickel Co's Tax Expense for the three months ended in Oct. 2024 was C$-0.66 Mil. Canada Nickel Co's Pre-Tax Income for the three months ended in Oct. 2024 was C$1.56 Mil. Therefore, Canada Nickel Co's Tax Rate % for the quarter that ended in Oct. 2024 was -42.34%.

Canada Nickel Co Tax Rate % Historical Data

The historical data trend for Canada Nickel Co'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.

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Canada Nickel Co Tax Rate % Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

Tax Rate %

-63.85

-24.84

41.33

Canada Nickel Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Tax Rate %	Get a 7-Day Free Trial															19.72	3.42	70.76	63.97	-42.34

Canada Nickel Co Tax Rate % Calculation

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

Canada Nickel Co's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2024 )	/	Pre-Tax Income (A: Oct. 2024 )
	=	-2.266	/	-5.483
	=	41.33 %

Canada Nickel Co's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Oct. 2024 )	/	Pre-Tax Income (Q: Oct. 2024 )
	=	-0.661	/	1.561
	=	-42.34 %

Canada Nickel Co Tax Rate % Related Terms

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Canada Nickel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (TSXV:CNC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CNIKF:USA 4E0:Germany 4E0:Germany

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.

Executives

Kulvir Singh Gill	Director
David Smith	Director
Stephen James Balch	Senior Officer
Francisca Helena Quinn	Director
Michael James Cox	Director
Jennifer Edith Morais	Director
Adam Paul Schatzker	Senior Officer
Mark Thomas Henry Selby	Director, Senior Officer
Christian Brousseau	Senior Officer
Pierre-philippe Dupont	Senior Officer
Wendy Kaufman	Senior Officer
James Russell Starr	Director
John Joseph Leddy	Director, Senior Officer