Contango Silver & Gold (CTGO) Tax Rate (2020 - 2023)
Contango Silver & Gold's (CTGO) quarterly Tax Rate came in at 80.13% in Q2 2023, up 1317.0% YoY from 5.65% in Q2 2022, and up 19.67% on a QoQ basis from 66.95% in Q2 2022.
Contango Silver & Gold (CTGO) Tax Rate (2020 - 2023) Analysis & Trends
Contango Silver & Gold (CTGO) has 4 years of Tax Rate data on file, last reported at 80.13% in Q2 2023.
- Quarterly Tax Rate rose 1317.0% year-over-year to 80.13% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 21.0% (up 8.0% YoY) and the FY2023 annual result came in at 21.0%, changed 0.0% from the prior year.
- Tax Rate improved to 80.13% in Q2 2023, from 66.95% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 80.13% in Q2 2023 to a low of 57.27% in Q2 2021.
- A 4-year average of 17.68% and a median of 10.91% in 2020 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate plunged 8147 bps — and 2022, when it soared 12423 bps.
- Tracing CTGO's Tax Rate over 4 years: stood at 15.11% in 2020, then plunged by 479 bps to 57.27% in 2021, then soared by 217 bps to 66.95% in 2022, then gained by 20 bps to 80.13% in 2023.
- The last three Tax Rate figures came in at 80.13% (Q2 2023), 66.95% (Q2 2022), and 1.44% (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.62 Bn | 131.61 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 108.63 Bn | 105.17 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 79.52 Bn | 73.59 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 71.66 Bn | 71.56 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 42.80 Bn | 41.02 Bn | - | - |
| 7 | Pan American Silver | 22.38 Bn | 20.82 Bn | 457,000.00 | -36.98% |
| 8 | Royal Gold | 22.01 Bn | 21.83 Bn | 390.45 Mn | 19.69% |
| 9 | Coeur Mining | 21.75 Bn | 20.70 Bn | 535.85 Mn | 43.35% |
| 10 | Contango Silver & Gold | 663.57 Mn | 574.43 Mn | 46.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 80.13% |
| Jun 30, 2023 | 80.13% |
| Jun 30, 2023 | 80.13% |
| Jun 30, 2022 | 66.95% |
| Jun 30, 2022 | 66.95% |
| Jun 30, 2022 | 66.95% |
| Mar 31, 2022 | 1.44% |
| Mar 31, 2022 | 1.44% |
| Mar 31, 2022 | 1.44% |
| Jun 30, 2021 | -57.27% |
| Jun 30, 2021 | -57.27% |
| Jun 30, 2021 | -57.27% |
| Mar 31, 2021 | 4.21% |
| Mar 31, 2021 | 4.21% |
| Mar 31, 2021 | 4.21% |
| Dec 31, 2020 | 15.11% |
| Dec 31, 2020 | 15.11% |
| Dec 31, 2020 | 15.11% |
| Sep 30, 2020 | 6.71% |
| Sep 30, 2020 | 6.71% |