Panex Resources (Panex Resources) Ending Cash Position : $0.52 Mil (As of Aug. 2016)

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What is Panex Resources Ending Cash Position?

Panex Resources's Ending Cash Position for the quarter that ended in Aug. 2016 was $0.52 Mil.

Panex Resources's quarterly Ending Cash Position increased from Feb. 2016 ($0.03 Mil) to May. 2016 ($0.21 Mil) and increased from May. 2016 ($0.21 Mil) to Aug. 2016 ($0.52 Mil).

Panex Resources's annual Ending Cash Position increased from Aug. 2014 ($0.00 Mil) to Aug. 2015 ($0.55 Mil) but then declined from Aug. 2015 ($0.55 Mil) to Aug. 2016 ($0.52 Mil).

Panex Resources Ending Cash Position Historical Data

The historical data trend for Panex 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.

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Panex Resources Ending Cash Position Chart

Panex Resources Annual Data

Trend

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Ending Cash Position

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0.07

0.55

0.52

Panex Resources Quarterly Data
	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16
Ending Cash Position	Get a 7-Day Free Trial															0.55	0.10	0.03	0.21	0.52

Panex 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.

Panex Resources's Ending Cash Position for the fiscal year that ended in Aug. 2016 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	0.554	+	-0.037
	=	0.52

Panex Resources's Ending Cash Position for the quarter that ended in Aug. 2016 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	0.214	+	0.303
	=	0.52

Panex Resources Ending Cash Position Related Terms

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Panex Resources (Panex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panex Resources Inc (OTCPK:DBGF) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000

Website

http://www.panexresources.com

Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.

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