MGXMF (MGX Minerals) Beginning Cash Position: $0.00 Mil (As of Apr. 2021)

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What is MGX Minerals Beginning Cash Position?

MGX Minerals MGXMF -95.00% Beginning Cash Position is $0.00 Mil as of Apr. 2021.

MGX Minerals's Beginning Cash Position for the quarter that ended in Apr. 2021 was $0.00 Mil.

MGX Minerals's quarterly Beginning Cash Position declined from Oct. 2020 ($0.47 Mil) to Jan. 2021 ($0.08 Mil) and declined from Jan. 2021 ($0.08 Mil) to Apr. 2021 ($0.00 Mil).

MGX Minerals's annual Beginning Cash Position increased from Jul. 2018 ($2.21 Mil) to Jul. 2019 ($5.05 Mil) but then declined from Jul. 2019 ($5.05 Mil) to Jul. 2020 ($0.12 Mil).

MGX Minerals Beginning Cash Position Related Terms

MGX Minerals Beginning Cash Position Historical Data

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The historical data trend for MGX 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.

MGX Minerals Beginning Cash Position Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only 0.11 0.02 2.21 5.05 0.12

MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.50 0.32 0.47 0.08 0.00

MGX 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 $0.00 Mil mean?
MGX Minerals (MGXMF) has a Beginning Cash Position of $0.00 Mil as of Apr. 2021. 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 MGX Minerals and its competitors.
Is MGX Minerals' Beginning Cash Position too high?
MGX Minerals' current Beginning Cash Position is $0.00 Mil.
How does MGX Minerals' Beginning Cash Position compare to competitors?
MGX Minerals' Beginning Cash Position of $0.00 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 MGX Minerals and its competitors. MGX Minerals's current Beginning Cash Position is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Minerals stock overvalued right now?
MGX Minerals (MGXMF) has a current Beginning Cash Position of $0.00 Mil. The current Beginning Cash Position is $0.00 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 MGX Minerals (MGXMF), the current Beginning Cash Position is $0.00 Mil as of Apr. 2021. 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.

MGX Minerals Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.