Mexican Gold Mining Corp
Mexican Gold Mining Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Mexico. The company primarily explores for gold, copper, silver, and magnetite deposits. It holds a 100% interest in the Las Minas project that consists of six mineral concessions located in the Las Minas district in the state of Veracruz, Mexico and 100% int… Read more
Mexican Gold Mining Corp - Asset Resilience Ratio
Mexican Gold Mining Corp (MEXGF) has an Asset Resilience Ratio of 85.27% as of March 2020. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Mexican Gold Mining Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Mexican Gold Mining Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.00 Million | 85.27% |
| Total Liquid Assets | $2.00 Million | 85.27% |
Asset Resilience Insights
- Very High Liquidity: Mexican Gold Mining Corp maintains exceptional liquid asset reserves at 85.27% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Mexican Gold Mining Corp Industry Peers by Asset Resilience Ratio
Compare Mexican Gold Mining Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF |
Other Precious Metals & Mining | 0.00% |
|
American Sierra Gold Corp
PINK:AMNP |
Other Precious Metals & Mining | 10.00% |
|
Zhongrun Resources Investment
SHE:000506 |
Other Precious Metals & Mining | 0.23% |
|
Yintai Resources Co Ltd
SHE:000975 |
Other Precious Metals & Mining | 7.47% |
|
1AH
F:1AH |
Other Precious Metals & Mining | 27.92% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
China Silver Group Limited
F:2CS |
Other Precious Metals & Mining | 1.61% |
|
5YY0
F:5YY0 |
Other Precious Metals & Mining | 11.04% |
Annual Asset Resilience Ratio for Mexican Gold Mining Corp (None–None)
The table below shows the annual Asset Resilience Ratio data for Mexican Gold Mining Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||