PLGDF (Palisades Goldcorp) Cash, Cash Equivalents, Marketable Securities : $16.15 Mil (As of Mar. 2025)

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What is Palisades Goldcorp Cash, Cash Equivalents, Marketable Securities?

Palisades Goldcorp's quarterly cash, cash equivalents, marketable securities declined from Sep. 2024 ($4.38 Mil) to Dec. 2024 ($3.04 Mil) but then increased from Dec. 2024 ($3.04 Mil) to Mar. 2025 ($16.15 Mil).

Palisades Goldcorp's annual cash, cash equivalents, marketable securities declined from Dec. 2022 ($17.25 Mil) to Dec. 2023 ($6.38 Mil) and declined from Dec. 2023 ($6.38 Mil) to Dec. 2024 ($3.04 Mil).

Palisades Goldcorp Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Palisades Goldcorp's Cash, Cash Equivalents, Marketable Securities 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.

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Palisades Goldcorp Cash, Cash Equivalents, Marketable Securities Chart

Palisades Goldcorp Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

76.02

17.25

6.38

3.04

Palisades Goldcorp Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									5.64	4.28	4.38	3.04	16.15

Palisades Goldcorp Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Palisades Goldcorp (OTCPK:PLGDF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Palisades Goldcorp Cash, Cash Equivalents, Marketable Securities Related Terms

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Palisades Goldcorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Palisades Goldcorp Ltd (OTCPK:PLGDF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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PALI:Canada

Address

1055 West Georgia Street, Suite 2129, Vancouver, BC, CAN, V6E 3P3

Website

https://www.palisades.ca

Palisades Goldcorp Ltd is a resource investment company and merchant bank focused on junior companies in the resource and mining sector. It focuses on acquiring equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued high-quality projects, to provide investors with maximum leverage to an upside move in the junior resource equities. Its investment portfolio consists of equity ownerships of gold, uranium, and rare earth minerals exploration firms. The company has a single reportable business segment, Canada.