MNGG (Mining Global) Beginning Cash Position: $0.02 Mil (As of Nov. 2023)

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What is Mining Global Beginning Cash Position?

Mining Global MNGG -99.00% Beginning Cash Position is $0.02 Mil as of Nov. 2023.

Mining Global's Beginning Cash Position for the quarter that ended in Nov. 2023 was $0.02 Mil.

Mining Global's quarterly Beginning Cash Position declined from May. 2023 ($0.88 Mil) to Aug. 2023 ($-0.01 Mil) but then increased from Aug. 2023 ($-0.01 Mil) to Nov. 2023 ($0.02 Mil).

Mining Global's annual Beginning Cash Position increased from Aug. 2020 ($0.03 Mil) to Aug. 2021 ($0.58 Mil) but then declined from Aug. 2021 ($0.58 Mil) to Aug. 2022 ($0.00 Mil).

Mining Global Beginning Cash Position Related Terms

Mining Global Beginning Cash Position Historical Data

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The historical data trend for Mining Global'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.

Mining Global Beginning Cash Position Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.03 0.58 0.00

Mining Global Quarterly Data
Feb12 May12 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.00 0.92 0.88 -0.01 0.02

Mining Global 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 $0.02 Mil mean?
Mining Global (MNGG) has a Beginning Cash Position of $0.02 Mil as of Nov. 2023. 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 Mining Global and its competitors.
Is Mining Global's Beginning Cash Position too high?
Mining Global's current Beginning Cash Position is $0.02 Mil.
How does Mining Global's Beginning Cash Position compare to STAL and BMXI?
Mining Global's Beginning Cash Position of $0.02 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 Mining Global and its competitors. Mining Global's current Beginning Cash Position is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Global stock overvalued right now?
Mining Global (MNGG) has a current Beginning Cash Position of $0.02 Mil. The current Beginning Cash Position is $0.02 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 Mining Global (MNGG), the current Beginning Cash Position is $0.02 Mil as of Nov. 2023. 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.

Mining Global Business Description

Address 500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Mining Global Inc is primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on mineral deposits of lead, zinc, copper, silver, gold or uranium capable of commercial extraction.