MGXMF (MGX Minerals) Minority Interest: $1.59 Mil (As of Apr. 2021)

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What is MGX Minerals Minority Interest?

MGX Minerals MGXMF -95.00% Minority Interest is $1.59 Mil as of Apr. 2021.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

MGX Minerals's minority interest for the quarter that ended in Apr. 2021 was $1.59 Mil.

MGX Minerals Minority Interest Historical Data

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The historical data trend for MGX Minerals's Minority Interest 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 Minority Interest Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Minority Interest
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 3.73 2.30 1.48

MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
Minority Interest 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 2.19 1.48 1.51 1.56 1.59

MGX Minerals Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of $1.59 Mil mean?
MGX Minerals (MGXMF) has a Minority Interest of $1.59 Mil as of Apr. 2021. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on MGX Minerals.
Is MGX Minerals' Minority Interest too high?
MGX Minerals' current Minority Interest is $1.59 Mil.
How does MGX Minerals' Minority Interest compare to competitors?
MGX Minerals' Minority Interest of $1.59 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 Minority Interest for a Metals & Mining company?
A good Minority Interest depends on the Metals & Mining industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on MGX Minerals. MGX Minerals's current Minority Interest is $1.59 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 Minority Interest of $1.59 Mil. The current Minority Interest is $1.59 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For MGX Minerals (MGXMF), the current Minority Interest is $1.59 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.