Mkango Resources (LSE:MKA) Ending Cash Position : £1.51 Mil (As of Sep. 2024)

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What is Mkango Resources Ending Cash Position?

Mkango Resources's Ending Cash Position for the quarter that ended in Sep. 2024 was £1.51 Mil.

Mkango Resources's quarterly Ending Cash Position declined from Mar. 2024 (£0.38 Mil) to Jun. 2024 (£0.21 Mil) but then increased from Jun. 2024 (£0.21 Mil) to Sep. 2024 (£1.51 Mil).

Mkango Resources's annual Ending Cash Position declined from Dec. 2021 (£3.34 Mil) to Dec. 2022 (£0.41 Mil) but then increased from Dec. 2022 (£0.41 Mil) to Dec. 2023 (£0.79 Mil).

Mkango Resources Ending Cash Position Historical Data

The historical data trend for Mkango 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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Mkango Resources Ending Cash Position Chart

Mkango Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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7.27

3.66

3.34

0.41

0.79

Mkango Resources 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															1.84	0.79	0.38	0.21	1.51

Mkango 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.

Mkango Resources'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
	=	0.391	+	0.397
	=	0.79

Mkango Resources'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
	=	0.205	+	1.3
	=	1.51

Mkango Resources Ending Cash Position Related Terms

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Mkango Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mkango Resources Ltd (LSE:MKA) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

MKNGF:USA ZMK:Germany MKA:Canada

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.mkango.ca

Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

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