DBGF (Panex Resources) Marketable Securities: $0.12 Mil (As of Aug. 2016)

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What is Panex Resources Marketable Securities?

Panex Resources DBGF Marketable Securities is $0.12 Mil as of Aug. 2016.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Panex Resources's Marketable Securities for the quarter that ended in Aug. 2016 was $0.12 Mil.

Panex Resources's annual Marketable Securities declined from Aug. 2014 ($1.35 Mil) to Aug. 2015 ($0.11 Mil) but then increased from Aug. 2015 ($0.11 Mil) to Aug. 2016 ($0.12 Mil).

Panex Resources  (OTCPK:DBGF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Panex Resources Marketable Securities Related Terms

Panex Resources Marketable Securities Historical Data

* Premium members only.

The historical data trend for Panex Resources's Marketable Securities 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.

Panex Resources Marketable Securities Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.35 0.11 0.12

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
Marketable Securities 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 0.46 0.71 0.31 0.12

Panex Resources Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $0.12 Mil mean?
Panex Resources (DBGF) has a Marketable Securities of $0.12 Mil as of Aug. 2016. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Panex Resources and its competitors.
Is Panex Resources' Marketable Securities too high?
Panex Resources' current Marketable Securities is $0.12 Mil.
How does Panex Resources' Marketable Securities compare to competitors?
Panex Resources' Marketable Securities of $0.12 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 Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Panex Resources and its competitors. Panex Resources's current Marketable Securities is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panex Resources stock overvalued right now?
Panex Resources (DBGF) has a current Marketable Securities of $0.12 Mil. The current Marketable Securities is $0.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Panex Resources (DBGF), the current Marketable Securities is $0.12 Mil as of Aug. 2016. 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.

Panex Resources Business Description

Address 504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.