Korab Resources (ASX:KOR) Ending Cash Position: A$0.11 Mil (As of Dec. 2024)

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What is Korab Resources Ending Cash Position?

Korab Resources ASX:KOR Ending Cash Position is A$0.11 Mil as of Dec. 2024.

Korab Resources's Ending Cash Position for the quarter that ended in Dec. 2024 was A$0.11 Mil.

Korab Resources's quarterly Ending Cash Position increased from Dec. 2023 (A$0.06 Mil) to Jun. 2024 (A$0.09 Mil) and increased from Jun. 2024 (A$0.09 Mil) to Dec. 2024 (A$0.11 Mil).

Korab Resources's annual Ending Cash Position declined from Jun. 2022 (A$0.82 Mil) to Jun. 2023 (A$0.11 Mil) and declined from Jun. 2023 (A$0.11 Mil) to Jun. 2024 (A$0.09 Mil).

Korab Resources Ending Cash Position Related Terms

Korab Resources Ending Cash Position Historical Data

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The historical data trend for Korab Resources's Ending 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.

Korab Resources Ending Cash Position Chart

Korab Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.09 0.82 0.11 0.09

Korab Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Ending 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 0.61 0.11 0.06 0.09 0.11

Korab Resources Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Korab Resources's Ending Cash Position for the fiscal year that ended in Jun. 2024 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.112+-0.019
=0.09

Korab Resources's Ending Cash Position for the quarter that ended in Dec. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.093+0.014
=0.11

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of A$0.11 Mil mean?
Korab Resources (ASX:KOR) has a Ending Cash Position of A$0.11 Mil as of Dec. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Korab Resources and its competitors.
Is Korab Resources' Ending Cash Position too high?
Korab Resources' current Ending Cash Position is A$0.11 Mil.
How does Korab Resources' Ending Cash Position compare to competitors?
Korab Resources' Ending Cash Position of A$0.11 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 Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Korab Resources and its competitors. Korab Resources's current Ending Cash Position is A$0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korab Resources stock overvalued right now?
Korab Resources (ASX:KOR) has a current Ending Cash Position of A$0.11 Mil. The current Ending Cash Position is A$0.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Korab Resources (ASX:KOR), the current Ending Cash Position is A$0.11 Mil as of Dec. 2024. 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.

Korab Resources Business Description

Address 20 Prowse Street, West Perth, Perth, WA, AUS, 6005
Korab Resources Ltd is a battery and precious metals mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It corporate strategy is to locate, acquire, advance and then crystallise value from their prospects and deposits though development, joint venture or sale. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.