Contango Silver & Gold (CTGO) Tax Provisions (2020 - 2023)
Contango Silver & Gold's (CTGO) quarterly Tax Provisions came in at -$8.3 million in Q2 2023, down 72.37% YoY from -$30.2 million in Q2 2022, and down 72.37% on a QoQ basis from -$4.8 million in Q2 2022.
Contango Silver & Gold (CTGO) Tax Provisions (2020 - 2023) Analysis & Trends
Contango Silver & Gold (CTGO) has 4 years of Tax Provisions data on file, last reported at -$8.3 million in Q2 2023.
- Quarterly Tax Provisions fell 72.37% year-over-year to -$8.3 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was -$8.3 million (down 68.88% YoY) and the FY2023 annual result came in at -$8.3 million, down 68.21% from the prior year.
- Tax Provisions retreated to -$8.3 million in Q2 2023, from -$4.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.4 million in Q3 2020 to a low of -$8.3 million in Q2 2023.
- A 4-year average of -$1.4 million and a median of -$385950.5 in 2020 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2021 — Tax Provisions jumped 299.29% — and 2022, when it plunged 493.76%.
- Tracing CTGO's Tax Provisions over 4 years: stood at -$571901.0 in 2020, then surged by 315.01% to $1.2 million in 2021, then sank by 493.76% to -$4.8 million in 2022, then tumbled by 72.37% to -$8.3 million in 2023.
- The last three Tax Provisions figures came in at -$8.3 million (Q2 2023), -$4.8 million (Q2 2022), and -$100000.0 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 952.00 Mn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 722.40 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 732.00 Mn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 101.80 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | -468.00 Mn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -179,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 58.24 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 93.24 Mn |
| 10 | Contango Silver & Gold | 661.60 Mn | 572.46 Mn | 46.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -8.35 Mn |
| Jun 30, 2022 | -4.84 Mn |
| Mar 31, 2022 | -100,000.00 |
| Jun 30, 2021 | 1.23 Mn |
| Mar 31, 2021 | -200,000.00 |
| Dec 31, 2020 | -571,901.00 |
| Sep 30, 2020 | 2.41 Mn |
| Jun 30, 2020 | -616,995.00 |