Magnum Mining and Exploration (ASX:MGU) Ending Cash Position : A$1.00 Mil (As of Jun. 2024)

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What is Magnum Mining and Exploration Ending Cash Position?

Magnum Mining and Exploration's Ending Cash Position for the quarter that ended in Jun. 2024 was A$1.00 Mil.

Magnum Mining and Exploration's quarterly Ending Cash Position declined from Jun. 2023 (A$2.72 Mil) to Dec. 2023 (A$2.64 Mil) and declined from Dec. 2023 (A$2.64 Mil) to Jun. 2024 (A$1.00 Mil).

Magnum Mining and Exploration's annual Ending Cash Position increased from Dec. 2021 (A$4.54 Mil) to Dec. 2022 (A$5.01 Mil) but then declined from Dec. 2022 (A$5.01 Mil) to Dec. 2023 (A$2.64 Mil).

Magnum Mining and Exploration Ending Cash Position Historical Data

The historical data trend for Magnum Mining and Exploration'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.

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Magnum Mining and Exploration Ending Cash Position Chart

Magnum Mining and Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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0.15

0.21

4.54

5.01

2.64

Magnum Mining and Exploration Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Ending Cash Position	Get a 7-Day Free Trial															2.56	5.01	2.72	2.64	1.00

Magnum Mining and Exploration 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.

Magnum Mining and Exploration's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	5.005	+	-2.368
	=	2.64

Magnum Mining and Exploration's Ending Cash Position for the quarter that ended in Jun. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	2.637	+	-1.634
	=	1.00

Magnum Mining and Exploration Ending Cash Position Related Terms

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Magnum Mining and Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magnum Mining and Exploration Ltd (ASX:MGU) » Definitions » Ending Cash Position

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Traded in Other Exchanges

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Address

No. 311-313 Hay Street, Subiaco, WA, AUS, 6008

Website

https://www.mmel.com.au

Magnum Mining and Exploration Ltd is a mining and exploration company. Its geographical segments include Australia, the United States, and South Africa. The company's projects include Buena Vista Magnetite Project and HIsmelt Green Pig Iron Project.