VITFF (Victoria Gold) Tax Rate %: 26.16% (As of Mar. 2024)

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VITFF Victoria Gold Corp VITFF
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What is Victoria Gold Tax Rate %?

Victoria Gold VITFF 12 Tax Rate % is 26.16% as of Mar. 2024. GuruFocus rates VITFF with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Victoria Gold's Tax Expense for the three months ended in Mar. 2024 was $-2.3 Mil. Victoria Gold's Pre-Tax Income for the three months ended in Mar. 2024 was $-9.0 Mil. Therefore, Victoria Gold's Tax Rate % for the quarter that ended in Mar. 2024 was 26.16%.


Victoria Gold Tax Rate % Related Terms


Victoria Gold Tax Rate % Historical Data

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The historical data trend for Victoria 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.

Victoria Gold Tax Rate % Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.69 33.83 23.26 38.57 42.07

Victoria Gold Quarterly Data
May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.07 41.09 46.20 38.43 26.16
VITFF
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Victoria Gold Corp VITFF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victoria Gold Tax Rate % Calculation

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

Victoria Gold'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 )
=13.607/32.345
=42.07 %

Victoria Gold's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=-2.348/-8.975
=26.16 %

* 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 26.16% mean?
Victoria Gold (VITFF) has a Tax Rate % of 26.16% as of Mar. 2024.
Is Victoria Gold's Tax Rate % too high?
Victoria Gold's current Tax Rate % is 26.16%. Overall, Victoria Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Victoria Gold's Tax Rate % compare to NEM?
Victoria Gold's Tax Rate % of 26.16% 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. Victoria Gold's current Tax Rate % is 26.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victoria Gold stock overvalued right now?
Victoria Gold (VITFF) has a current Tax Rate % of 26.16%. The current Tax Rate % is 26.16%. Victoria Gold's overall GF Score™ is 12/100. 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 Victoria Gold (VITFF), the current Tax Rate % is 26.16% as of Mar. 2024. 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.

Victoria Gold Business Description

Address 80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Mine Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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