MGMNF (Magna Mining) Beginning Cash Position: $25.49 Mil (As of Jun. 2026)

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MGMNF Magna Mining Inc MGMNF
33 GF Score
Price $1.85
! 3 Warning Signs
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What is Magna Mining Beginning Cash Position?

Magna Mining MGMNF -4.15% 33 Beginning Cash Position is $25.49 Mil as of Jun. 2026. GuruFocus rates MGMNF with a GF Score™ of 33/100. The stock has 3 warning signs investors should review.

Magna Mining's Beginning Cash Position for the quarter that ended in Jun. 2026 was $25.49 Mil.

Magna Mining's quarterly Beginning Cash Position declined from Dec. 2025 ($45.76 Mil) to Mar. 2026 ($40.74 Mil) and declined from Mar. 2026 ($40.74 Mil) to Jun. 2026 ($25.49 Mil).

Magna Mining's annual Beginning Cash Position increased from Dec. 2023 ($4.60 Mil) to Dec. 2024 ($7.64 Mil) and increased from Dec. 2024 ($7.64 Mil) to Dec. 2025 ($12.71 Mil).

Magna Mining Beginning Cash Position Related Terms

Magna Mining Beginning Cash Position Historical Data

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The historical data trend for Magna Mining'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.

Magna Mining Beginning Cash Position Chart

Magna Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 1.19 4.18 4.60 7.64 12.71

Magna Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 27.99 19.53 45.76 40.74 25.49
MGMNF
33GF Score
Magna Mining Inc MGMNF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Mining 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 $25.49 Mil mean?
Magna Mining (MGMNF) has a Beginning Cash Position of $25.49 Mil as of Jun. 2026. 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 Magna Mining and its competitors.
Is Magna Mining's Beginning Cash Position too high?
Magna Mining's current Beginning Cash Position is $25.49 Mil. Overall, Magna Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Magna Mining's Beginning Cash Position compare to competitors?
Magna Mining's Beginning Cash Position of $25.49 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 Magna Mining and its competitors. Magna Mining's current Beginning Cash Position is $25.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Mining stock overvalued right now?
Magna Mining (MGMNF) has a current Beginning Cash Position of $25.49 Mil. The current Beginning Cash Position is $25.49 Mil. Magna Mining's overall GF Score™ is 33/100 with 3 warning signs to review. 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 Magna Mining (MGMNF), the current Beginning Cash Position is $25.49 Mil as of Jun. 2026. 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.

Magna Mining Business Description

Other Exchanges 8YD:GermanyNICU:Canada
Address 1300 Kelly Lake Road, Sudbury, ON, CAN, P3E 5P4
Magna Mining Inc is a producing mining company with a portfolio of copper, nickel, and platinum group metals with operating, exploration, and development projects in the Sudbury Region of Ontario, Canada. The Company's primary assets are the producing McCreedy West copper mine and the past-producing Levack, Podolsky, Shakespeare, and Crean Hill mines. It has one reportable operating segment, being the acquisition, exploration, and development of mineral properties. The Company's assets are located in Canada.
33GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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