Nican (TSXV:NICN) Ending Cash Position : C$1.24 Mil (As of Sep. 2024)

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What is Nican Ending Cash Position?

Nican's Ending Cash Position for the quarter that ended in Sep. 2024 was C$1.24 Mil.

Nican's quarterly Ending Cash Position declined from Mar. 2024 (C$2.57 Mil) to Jun. 2024 (C$1.54 Mil) and declined from Jun. 2024 (C$1.54 Mil) to Sep. 2024 (C$1.24 Mil).

Nican's annual Ending Cash Position increased from Dec. 2021 (C$2.20 Mil) to Dec. 2022 (C$4.61 Mil) but then declined from Dec. 2022 (C$4.61 Mil) to Dec. 2023 (C$1.15 Mil).

Nican Ending Cash Position Historical Data

The historical data trend for Nican'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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Nican Ending Cash Position Chart

Nican Annual Data

Trend

Dec21

Dec22

Dec23

Ending Cash Position

2.20

4.61

1.15

Nican Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Ending Cash Position	Get a 7-Day Free Trial								2.34	1.15	2.57	1.54	1.24

Nican 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.

Nican'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
	=	4.609	+	-3.46
	=	1.15

Nican'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
	=	1.538	+	-0.294
	=	1.24

Nican Ending Cash Position Related Terms

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Nican Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nican Ltd (TSXV:NICN) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

NILTF:USA

Address

390 Bay Street, Suite 700A, Toronto, ON, CAN, M4V 1X7

Website

https://www.nicanltd.com

Nican Ltd engages in exploring, developing, operating, and financing mining assets. Its principal business activity is the exploration and evaluation of mineral properties. The company is focused on nickel-copper opportunities in stable jurisdictions on known mineral belts. Its project comprises of wine project and pipy project both located in well-established mining jurisdictions in Manitoba, Canada.

Executives

Bradley Dean Humphrey	Director, Senior Officer
Shaun Perin Heinrichs	Senior Officer
Michael Hoffman	Director
Alison Sagateh Williams	Director

Nican Headlines

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