African Eagle Resources (LSE:AFE) Ending Cash Position: £0.02 Mil (As of Jun. 2014)

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What is African Eagle Resources Ending Cash Position?

African Eagle Resources LSE:AFE Ending Cash Position is £0.02 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

African Eagle Resources's Ending Cash Position for the quarter that ended in Jun. 2014 was £0.02 Mil.

African Eagle Resources's quarterly Ending Cash Position declined from Jun. 2013 (£0.57 Mil) to Dec. 2013 (£0.18 Mil) and declined from Dec. 2013 (£0.18 Mil) to Jun. 2014 (£0.02 Mil).

African Eagle Resources's annual Ending Cash Position increased from Dec. 2011 (£2.29 Mil) to Dec. 2012 (£3.59 Mil) but then declined from Dec. 2012 (£3.59 Mil) to Dec. 2013 (£0.18 Mil).

African Eagle Resources Ending Cash Position Related Terms

African Eagle Resources Ending Cash Position Historical Data

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The historical data trend for African Eagle 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.

African Eagle Resources Ending Cash Position Chart

African Eagle Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 3.17 2.29 3.59 0.18

African Eagle Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 10.60 3.59 0.57 0.18 0.02

African Eagle 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.

African Eagle Resources's Ending Cash Position for the fiscal year that ended in Dec. 2013 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=3.59+-3.413
=0.18

African Eagle Resources's Ending Cash Position for the quarter that ended in Jun. 2014 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.176+-0.152
=0.02

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of £0.02 Mil mean?
African Eagle Resources (LSE:AFE) has a Ending Cash Position of £0.02 Mil as of Jun. 2014. 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 African Eagle Resources and its competitors.
Is African Eagle Resources' Ending Cash Position too high?
African Eagle Resources' current Ending Cash Position is £0.02 Mil.
How does African Eagle Resources' Ending Cash Position compare to competitors?
African Eagle Resources' Ending Cash Position of £0.02 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 African Eagle Resources and its competitors. African Eagle Resources's current Ending Cash Position is £0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Eagle Resources stock overvalued right now?
African Eagle Resources (LSE:AFE) has a current Ending Cash Position of £0.02 Mil. The current Ending Cash Position is £0.02 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 African Eagle Resources (LSE:AFE), the current Ending Cash Position is £0.02 Mil as of Jun. 2014. 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.

African Eagle Resources Business Description

African Eagle Resources PLC was incorporated on January 19, 2000. The Company is engaged in the exploration and development of nickel. The Company's Investing Policy is to seek opportunities in the natural resources, infrastructure and services sectors located in all geographic regions. It has 10% free carried interest in the Dutwa nickel project in Tanzania. It also has a shareholding of 14.4% in Elephant Copper Ltd a BVI registered company, with interests in copper projects in Zambia.