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

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What is Panex Resources Marketable Securities?

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 Marketable Securities Historical Data

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.

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Panex Resources Marketable Securities Chart

Panex Resources Annual Data

Trend

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Marketable Securities

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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															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.

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

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Panex Resources (Panex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panex Resources Inc (OTCPK:DBGF) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000

Website

http://www.panexresources.com

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.

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