Contango Silver & Gold (CTGO) Tax Rate (2020 - 2022)
Contango Silver & Gold (CTGO) reported Tax Rate of 1.72% for Q1 2022, down 249.0% on a YoY basis from 1.16% in Q1 2021, and down 87.59% quarter-over-quarter from 13.89% in Q2 2021.
Contango Silver & Gold (CTGO) Tax Rate (2020 - 2022) Analysis & Trends
Contango Silver & Gold has reported Tax Rate for 3 years, with the latest figure at 1.72% in Q1 2022.
- For the quarter ending Q1 2022, Tax Rate fell 249.0% year-over-year to 1.72%; the trailing twelve-month figure through Dec 2022 stood at 0.34% (down 271.0% YoY), and the FY2022 full-year result was 0.51%, down 467.0% from the prior year.
- Tax Rate for Q1 2022 stood at 1.72%, down from 13.89% in the prior quarter.
- The five-year high for Tax Rate was 15.11% in Q4 2020, with the low at 1.72% in Q1 2022.
- Historically, Tax Rate has averaged 8.32% across 3 years, with a median of 6.69% in 2020.
- The largest YoY upside for Tax Rate was 249 bps in 2022 against a maximum downside of 249 bps in 2022.
- Contango Silver & Gold's Tax Rate stood at 15.11% in 2020, then dropped by 8 bps to 13.89% in 2021, then slumped by 88 bps to 1.72% in 2022.
- The last three Tax Rate figures came in at 1.72% (Q1 2022), 13.89% (Q2 2021), and 4.21% (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -18.82% |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 23.14% |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | -35.21% |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 30.63% |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Contango Silver & Gold | 199.99 Mn | 135.05 Mn | 41.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 1.72% |
| Mar 31, 2022 | 1.72% |
| Jun 30, 2021 | 13.89% |
| Jun 30, 2021 | 13.89% |
| Mar 31, 2021 | 4.21% |
| Mar 31, 2021 | 4.21% |
| Dec 31, 2020 | 15.11% |
| Dec 31, 2020 | 15.11% |
| Sep 30, 2020 | 6.69% |
| Sep 30, 2020 | 6.69% |