Mkango Resources (TSXV:MKA) Tax Rate % : 9.39% (As of Sep. 2024)

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What is Mkango Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mkango Resources's Tax Expense for the three months ended in Sep. 2024 was C$-0.05 Mil. Mkango Resources's Pre-Tax Income for the three months ended in Sep. 2024 was C$-0.52 Mil. Therefore, Mkango Resources's Tax Rate % for the quarter that ended in Sep. 2024 was 9.39%.

Mkango Resources Tax Rate % Historical Data

The historical data trend for Mkango Resources'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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Mkango Resources Tax Rate % Chart

Mkango Resources Annual Data

Trend

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Dec23

Tax Rate %

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1.39

Mkango Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-	5.63	3.41	5.15	9.39

Mkango Resources Tax Rate % Calculation

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

Mkango Resources's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-0.079	/	-5.687
	=	1.39 %

Mkango Resources's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-0.049	/	-0.522
	=	9.39 %

Mkango Resources Tax Rate % Related Terms

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Mkango Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mkango Resources Ltd (TSXV:MKA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MKNGF:USA MKA:UK ZMK:Germany

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.mkango.ca

Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

Executives

William Drummond Dawes	10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Resource Early Stage Opportunity Company	10% Security Holder

Mkango Resources Headlines

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