Geomega Resources (TSXV:GMA) Marketable Securities : C$0.20 Mil (As of Feb. 2024)

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What is Geomega Resources Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Geomega Resources's Marketable Securities for the quarter that ended in Feb. 2024 was C$0.20 Mil.

Geomega Resources's annual Marketable Securities stayed the same from May. 2021 (C$0.00 Mil) to May. 2022 (C$0.00 Mil) but then increased from May. 2022 (C$0.00 Mil) to May. 2023 (C$0.59 Mil).

Geomega Resources Marketable Securities Historical Data

The historical data trend for Geomega 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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Geomega Resources Marketable Securities Chart

Geomega Resources Annual Data

Trend

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Marketable Securities

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0.59

Geomega Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Marketable Securities	Get a 7-Day Free Trial															0.62	0.59	0.57	0.53	0.20

Geomega Resources Marketable Securities Calculation

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

Geomega Resources (TSXV:GMA) 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".

Geomega Resources Marketable Securities Related Terms

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Geomega Resources (TSXV:GMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geomega Resources Inc (TSXV:GMA) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

GOMRF:USA

Address

75 Boulevard de Mortagne, Boucherville, QC, CAN, J4B 6Y4

Website

https://www.ressourcesgeomega.ca

Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.

Executives

Mathieu Bourdeau

Senior Officer