Portofino Resources (TSXV:POR) Tax Rate % : 0.00% (As of Aug. 2024)

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What is Portofino Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Portofino Resources's Tax Expense for the three months ended in Aug. 2024 was C$0.00 Mil. Portofino Resources's Pre-Tax Income for the three months ended in Aug. 2024 was C$-0.03 Mil. Therefore, Portofino Resources's Tax Rate % for the quarter that ended in Aug. 2024 was 0.00%.

Portofino Resources Tax Rate % Historical Data

The historical data trend for Portofino 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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Portofino Resources Tax Rate % Chart

Portofino Resources Annual Data

Trend

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Tax Rate %

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Portofino Resources Quarterly Data
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Portofino Resources Tax Rate % Calculation

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

Portofino Resources's Tax Rate % for the fiscal year that ended in May. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2024 )	/	Pre-Tax Income (A: May. 2024 )
	=	0	/	-2.707
	=	0.00 %

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

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	0	/	-0.03
	=	0.00 %

Portofino Resources Tax Rate % Related Terms

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Portofino Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Portofino Resources Inc (TSXV:POR) » Definitions » Tax Rate %

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Traded in Other Exchanges

PFFOF:USA POTA:Germany

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.portofinoresources.com

Portofino Resources Inc is engaged in the acquisition, exploration, and development of mineral property assets in the Americas. Its South of Otter and Bruce Lake projects are in the historic gold mining district of Red Lake, Ontario. In addition, it holds 100% interest in three Northwestern Ontario gold projects; the Gold Creek property, Sapawe West property and Melema West property located near Atikokan. It also shows interest in the Yergo Lithium Brine Project.

Executives