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Big Red Mining (XCNQ:RED) Ending Cash Position : C$0.24 Mil (As of Feb. 2024)


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What is Big Red Mining Ending Cash Position?

Big Red Mining's Ending Cash Position for the quarter that ended in Feb. 2024 was C$0.24 Mil.

Big Red Mining's quarterly Ending Cash Position increased from Aug. 2023 (C$0.22 Mil) to Nov. 2023 (C$0.29 Mil) but then declined from Nov. 2023 (C$0.29 Mil) to Feb. 2024 (C$0.24 Mil).

Big Red Mining's annual Ending Cash Position declined from Aug. 2021 (C$1.50 Mil) to Aug. 2022 (C$0.50 Mil) and declined from Aug. 2022 (C$0.50 Mil) to Aug. 2023 (C$0.22 Mil).


Big Red Mining Ending Cash Position Historical Data

The historical data trend for Big Red Mining's Ending Cash Position 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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Big Red Mining Ending Cash Position Chart

Big Red Mining Annual Data
Trend Aug21 Aug22 Aug23
Ending Cash Position
1.50 0.50 0.22

Big Red Mining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.27 0.22 0.29 0.24

Big Red Mining Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Big Red Mining's Ending Cash Position for the fiscal year that ended in Aug. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.502+-0.287
=0.22

Big Red Mining's Ending Cash Position for the quarter that ended in Feb. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.293+-0.051
=0.24


Big Red Mining Ending Cash Position Related Terms

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Big Red Mining (XCNQ:RED) Business Description

Traded in Other Exchanges
Address
101 - 17565 58 Avenue, Surrey, BC, CAN, V3S 4E3
Big Red Mining Corp is in the business of acquiring and exploring mineral properties. It is an exploration company focused on developing its flagship copper project, the Dobie Lake Copper Property in Ontario, Canada. The management team possesses extensive experience in financing, exploration, development, and mining. The Company's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

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