Mercado Minerals (XCNQ:MERC) Tax Rate % : 0.00% (As of Nov. 2024)

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What is Mercado Minerals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mercado Minerals's Tax Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Mercado Minerals's Pre-Tax Income for the three months ended in Nov. 2024 was C$-0.07 Mil. Therefore, Mercado Minerals's Tax Rate % for the quarter that ended in Nov. 2024 was 0.00%.

Mercado Minerals Tax Rate % Historical Data

The historical data trend for Mercado 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.

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Mercado Minerals Tax Rate % Chart

Mercado Minerals Annual Data

Trend

Feb22

Feb23

Feb24

Tax Rate %

Mercado Minerals Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
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Mercado Minerals Tax Rate % Calculation

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

Mercado Minerals's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2024 )	/	Pre-Tax Income (A: Feb. 2024 )
	=	0	/	-0.191
	=	0.00 %

Mercado Minerals's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2024 )	/	Pre-Tax Income (Q: Nov. 2024 )
	=	0	/	-0.07
	=	0.00 %

Mercado Minerals Tax Rate % Related Terms

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Mercado Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mercado Minerals Ltd (XCNQ:MERC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2

Website

Mercado Minerals Ltd formerly Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.

Executives