Classic Minerals (ASX:CLZ) Beginning Cash Position: A$0.05 Mil (As of Dec. 2024)


What is Classic Minerals Beginning Cash Position?

Classic Minerals ASX:CLZ Beginning Cash Position is A$0.05 Mil as of Dec. 2024.

Classic Minerals's Beginning Cash Position for the quarter that ended in Dec. 2024 was A$0.05 Mil.

Classic Minerals's quarterly Beginning Cash Position declined from Dec. 2023 (A$0.02 Mil) to Jun. 2024 (A$0.00 Mil) but then increased from Jun. 2024 (A$0.00 Mil) to Dec. 2024 (A$0.05 Mil).

Classic Minerals's annual Beginning Cash Position declined from Jun. 2022 (A$2.02 Mil) to Jun. 2023 (A$0.42 Mil) and declined from Jun. 2023 (A$0.42 Mil) to Jun. 2024 (A$0.02 Mil).

Classic Minerals Beginning Cash Position Related Terms

Classic Minerals Beginning Cash Position Historical Data

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The historical data trend for Classic Minerals's Beginning Cash Position 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.

Classic Minerals Beginning Cash Position Chart

Classic Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.49 2.02 0.42 0.02

Classic Minerals Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Beginning Cash Position 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 0.42 1.29 0.02 0.00 0.05

Classic Minerals Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of A$0.05 Mil mean?
Classic Minerals (ASX:CLZ) has a Beginning Cash Position of A$0.05 Mil as of Dec. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Classic Minerals and its competitors.
Is Classic Minerals' Beginning Cash Position too high?
Classic Minerals' current Beginning Cash Position is A$0.05 Mil.
How does Classic Minerals' Beginning Cash Position compare to competitors?
Classic Minerals' Beginning Cash Position of A$0.05 Mil 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 Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position 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 Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Classic Minerals and its competitors. Classic Minerals's current Beginning Cash Position is A$0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Minerals stock overvalued right now?
Classic Minerals (ASX:CLZ) has a current Beginning Cash Position of A$0.05 Mil. The current Beginning Cash Position is A$0.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Classic Minerals (ASX:CLZ), the current Beginning Cash Position is A$0.05 Mil as of Dec. 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.

Classic Minerals Business Description

Address 71 Furniss Road, Landsdale, Perth, WA, AUS, 6065
Classic Minerals Ltd is an Australian is an exploration and development company. The principal business activity of the company includes the exploration of mineral resource-based projects, focusing on nickel and gold metals. The company owns an interest in Forrestania Gold Project, Van Uden West prospect, Tangerine Trees Prospect, Fraser Range Project, and Flagship Kat Gap Project.