Monarca Minerals (TSXV:MMN) Total Equity : C$-4.63 Mil (As of May. 2024)

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What is Monarca Minerals Total Equity?

Monarca Minerals's total equity for the quarter that ended in May. 2024 was C$-4.63 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Monarca Minerals Total Equity Historical Data

The historical data trend for Monarca Minerals's Total Equity 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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Monarca Minerals Total Equity Chart

Monarca Minerals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Equity

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-3.13

-0.48

-2.20

-3.32

-4.25

Monarca Minerals Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Total Equity	Get a 7-Day Free Trial															-3.70	-3.87	-4.25	-4.46	-4.63

Monarca Minerals Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Monarca Minerals's Total Equity for the fiscal year that ended in Nov. 2023 is calculated as

Total Equity	=	Total Assets(Q: Nov. 2023 )	-	Total Liabilities(Q: Nov. 2023 )
	=	0.032	-	4.277
	=	-4.25

Monarca Minerals's Total Equity for the quarter that ended in May. 2024 is calculated as

Total Equity	=	Total Assets(Q: May. 2024 )	-	Total Liabilities(Q: May. 2024 )
	=	0.042	-	4.675
	=	-4.63

Monarca Minerals Total Equity Related Terms

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Monarca Minerals (TSXV:MMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Monarca Minerals Inc (TSXV:MMN) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

ORAGF:USA OSI2:Germany

Address

18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.monarcaminerals.com

Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.

Executives

Carlos Enrique Espinosa Jove

Director

Monarca Minerals (TSXV:MMN) Headlines

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