GAYGQ (Montauk Metals) Ending Cash Position: $0.05 Mil (As of Sep. 2024)

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What is Montauk Metals Ending Cash Position?

Montauk Metals GAYGQ Ending Cash Position is $0.05 Mil as of Sep. 2024.

Montauk Metals's Ending Cash Position for the quarter that ended in Sep. 2024 was $0.05 Mil.

Montauk Metals's quarterly Ending Cash Position declined from Mar. 2024 ($0.08 Mil) to Jun. 2024 ($0.05 Mil) and declined from Jun. 2024 ($0.05 Mil) to Sep. 2024 ($0.05 Mil).

Montauk Metals's annual Ending Cash Position declined from Dec. 2021 ($1.89 Mil) to Dec. 2022 ($0.51 Mil) and declined from Dec. 2022 ($0.51 Mil) to Dec. 2023 ($0.10 Mil).

Montauk Metals Ending Cash Position Related Terms

Montauk Metals Ending Cash Position Historical Data

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The historical data trend for Montauk Metals'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.

Montauk Metals Ending Cash Position Chart

Montauk Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only 5.11 3.56 1.89 0.51 0.10

Montauk Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.11 0.10 0.08 0.05 0.05

Montauk Metals 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.

Montauk Metals'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
=0.50895600000016+-0.40906100000016
=0.10

Montauk Metals's Ending Cash Position for the quarter that ended in Sep. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.053765185316031+-0.0067711853160307
=0.05

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.05 Mil mean?
Montauk Metals (GAYGQ) has a Ending Cash Position of $0.05 Mil as of Sep. 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 Montauk Metals and its competitors.
Is Montauk Metals' Ending Cash Position too high?
Montauk Metals' current Ending Cash Position is $0.05 Mil.
How does Montauk Metals' Ending Cash Position compare to RNGG and NEM?
Montauk Metals' Ending 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 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 Montauk Metals and its competitors. Montauk Metals's current Ending 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 Montauk Metals stock overvalued right now?
Montauk Metals (GAYGQ) has a current Ending Cash Position of $0.05 Mil. The current Ending Cash Position is $0.05 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 Montauk Metals (GAYGQ), the current Ending Cash Position is $0.05 Mil as of Sep. 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.

Montauk Metals Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Galway Gold Inc. is a Canadian mineral exploration company focused on acquiring, exploring, and developing gold and precious metal resource properties in South America. Its principal asset is the Reina de Oro gold project in the Vetas mining district of Santander, Colombia, where it holds mineral rights covering a historic high-grade gold mining area. The company's activities center on geological mapping, sampling, and drilling to define and expand mineral resources, with the goal of advancing its properties toward development. As a junior exploration-stage company, Galway Gold does not generate revenue from mining operations; it funds exploration through equity financings and, historically, through option and joint-venture agreements with partners who can earn interests in its projects. The company was formerly known as Montauk Metals Inc. and is listed on Canadian securities exchanges.