RBRSF (NovaRed Mining) Beginning Cash Position: $0.05 Mil (As of Apr. 2026)

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RBRSF NovaRed Mining Inc RBRSF
18 GF Score
Price $0.53
! 1 Warning Sign
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What is NovaRed Mining Beginning Cash Position?

NovaRed Mining RBRSF 18 Beginning Cash Position is $0.05 Mil as of Apr. 2026. GuruFocus rates RBRSF with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

NovaRed Mining's Beginning Cash Position for the quarter that ended in Apr. 2026 was $0.05 Mil.

NovaRed Mining's quarterly Beginning Cash Position declined from Oct. 2025 ($0.34 Mil) to Jan. 2026 ($0.09 Mil) and declined from Jan. 2026 ($0.09 Mil) to Apr. 2026 ($0.05 Mil).

NovaRed Mining's annual Beginning Cash Position declined from Jul. 2023 ($0.16 Mil) to Jul. 2024 ($0.07 Mil) but then increased from Jul. 2024 ($0.07 Mil) to Jul. 2025 ($0.08 Mil).

NovaRed Mining Beginning Cash Position Related Terms

NovaRed Mining Beginning Cash Position Historical Data

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The historical data trend for NovaRed 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.

NovaRed Mining Beginning Cash Position Chart

NovaRed Mining Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Beginning Cash Position
Get a 7-Day Free Trial 0.06 0.18 0.16 0.07 0.08

NovaRed Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.04 0.36 0.34 0.09 0.05
RBRSF
18GF Score
NovaRed Mining Inc RBRSF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaRed 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 $0.05 Mil mean?
NovaRed Mining (RBRSF) has a Beginning Cash Position of $0.05 Mil as of Apr. 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 NovaRed Mining and its competitors.
Is NovaRed Mining's Beginning Cash Position too high?
NovaRed Mining's current Beginning Cash Position is $0.05 Mil. Overall, NovaRed Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NovaRed Mining's Beginning Cash Position compare to competitors?
NovaRed Mining's Beginning Cash Position of $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 NovaRed Mining and its competitors. NovaRed Mining's current Beginning Cash Position is $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 NovaRed Mining stock overvalued right now?
NovaRed Mining (RBRSF) has a current Beginning Cash Position of $0.05 Mil. The current Beginning Cash Position is $0.05 Mil. NovaRed Mining's overall GF Score™ is 18/100 with 1 warning sign 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 NovaRed Mining (RBRSF), the current Beginning Cash Position is $0.05 Mil as of Apr. 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.

NovaRed Mining Business Description

Other Exchanges NRED:Canada
Address 905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
NovaRed Mining Inc is engaged in the identification, acquisition, exploration and development of mineral resource projects. The company holds interest in the Wilmac Copper-Gold Project located southwest of Princeton in the Similkameen Mining Division, British Columbia.
18GF 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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