MGX Minerals (MGX Minerals) Ending Cash Position : $0.01 Mil (As of Apr. 2021)

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What is MGX Minerals Ending Cash Position?

MGX Minerals's Ending Cash Position for the quarter that ended in Apr. 2021 was $0.01 Mil.

MGX Minerals's quarterly Ending Cash Position declined from Oct. 2020 ($0.08 Mil) to Jan. 2021 ($0.00 Mil) but then increased from Jan. 2021 ($0.00 Mil) to Apr. 2021 ($0.01 Mil).

MGX Minerals's annual Ending Cash Position declined from Jul. 2018 ($5.04 Mil) to Jul. 2019 ($0.12 Mil) but then increased from Jul. 2019 ($0.12 Mil) to Jul. 2020 ($0.46 Mil).

MGX Minerals Ending Cash Position Historical Data

The historical data trend for MGX Minerals'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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MGX Minerals Ending Cash Position Chart

MGX Minerals Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Ending Cash Position

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0.02

2.28

5.04

0.12

0.46

MGX Minerals Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Ending Cash Position	Get a 7-Day Free Trial															0.31	0.46	0.08	-	0.01

MGX Minerals 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.

MGX Minerals's Ending Cash Position for the fiscal year that ended in Jul. 2020 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	0.117	+	0.346
	=	0.46

MGX Minerals's Ending Cash Position for the quarter that ended in Apr. 2021 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	0.004	+	0.006
	=	0.01

MGX Minerals Ending Cash Position Related Terms

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MGX Minerals (MGX Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MGX Minerals Inc (OTCPK:MGXMF) » Definitions » Ending Cash Position

Comparable Companies

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Traded in Other Exchanges

N/A

Address

1080 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T1

Website

http://www.mgxminerals.com

MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.