MGXMF (MGX Minerals) Marketable Securities: $0.00 Mil (As of Apr. 2021)

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What is MGX Minerals Marketable Securities?

MGX Minerals MGXMF -95.00% Marketable Securities is $0.00 Mil as of Apr. 2021.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. MGX Minerals's Marketable Securities for the quarter that ended in Apr. 2021 was $0.00 Mil.

MGX Minerals's annual Marketable Securities declined from Jul. 2018 ($0.48 Mil) to Jul. 2019 ($0.03 Mil) and declined from Jul. 2019 ($0.03 Mil) to Jul. 2020 ($0.03 Mil).

MGX Minerals  (OTCPK:MGXMF) 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".

MGX Minerals Marketable Securities Related Terms

MGX Minerals Marketable Securities Historical Data

* Premium members only.

The historical data trend for MGX Minerals'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.

MGX Minerals Marketable Securities Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Marketable Securities
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.48 0.03 0.03

MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.01 0.03 0.02 0.00 0.00

MGX Minerals 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 $0.00 Mil mean?
MGX Minerals (MGXMF) has a Marketable Securities of $0.00 Mil as of Apr. 2021. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on MGX Minerals and its competitors.
Is MGX Minerals' Marketable Securities too high?
MGX Minerals' current Marketable Securities is $0.00 Mil.
How does MGX Minerals' Marketable Securities compare to competitors?
MGX Minerals' Marketable Securities of $0.00 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 MGX Minerals and its competitors. MGX Minerals's current Marketable Securities is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Minerals stock overvalued right now?
MGX Minerals (MGXMF) has a current Marketable Securities of $0.00 Mil. The current Marketable Securities is $0.00 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 MGX Minerals (MGXMF), the current Marketable Securities is $0.00 Mil as of Apr. 2021. 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.

MGX Minerals Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
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.