PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) Marketable Securities: ₽271 Mil (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:GMKN PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
17 GF Score
Price ₽130.30
View Full Analysis

What is PJSC Mining & Metallurgical Co Norilsk Nickel Marketable Securities?

PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN -0.78% 17 Marketable Securities is ₽271 Mil as of Dec. 2023. GuruFocus rates MIC:GMKN with a GF Score™ of 17/100.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. PJSC Mining & Metallurgical Co Norilsk Nickel's Marketable Securities for the quarter that ended in Dec. 2023 was ₽271 Mil.

PJSC Mining & Metallurgical Co Norilsk Nickel's annual Marketable Securities declined from Dec. 2021 (₽3,179 Mil) to Dec. 2022 (₽2,448 Mil) and declined from Dec. 2022 (₽2,448 Mil) to Dec. 2023 (₽271 Mil).

PJSC Mining & Metallurgical Co Norilsk Nickel  (MIC:GMKN) 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".

PJSC Mining & Metallurgical Co Norilsk Nickel Marketable Securities Related Terms

PJSC Mining & Metallurgical Co Norilsk Nickel Marketable Securities Historical Data

* Premium members only.

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Marketable Securities Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3,179.21 2,448.00 270.69

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3,179.21 0.00 2,448.00 0.00 270.69
MIC:GMKN
17GF Score
PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PJSC Mining & Metallurgical Co Norilsk Nickel 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 ₽271 Mil mean?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a Marketable Securities of ₽271 Mil as of Dec. 2023. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors.
Is PJSC Mining & Metallurgical Co Norilsk Nickel's Marketable Securities too high?
PJSC Mining & Metallurgical Co Norilsk Nickel's current Marketable Securities is ₽271 Mil. Overall, PJSC Mining & Metallurgical Co Norilsk Nickel has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Mining & Metallurgical Co Norilsk Nickel's Marketable Securities compare to competitors?
PJSC Mining & Metallurgical Co Norilsk Nickel's Marketable Securities of ₽271 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 PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors. PJSC Mining & Metallurgical Co Norilsk Nickel's current Marketable Securities is ₽271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Mining & Metallurgical Co Norilsk Nickel stock overvalued right now?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a current Marketable Securities of ₽271 Mil. The current Marketable Securities is ₽271 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's overall GF Score™ is 17/100. 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 PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN), the current Marketable Securities is ₽271 Mil as of Dec. 2023. 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Business Description

Address 15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.
17GF Score

Get the complete analysis for MIC:GMKN

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽130.30
Price