Magnum Mining and Exploration Limited
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties in Australia and the United States. The company's flagship project includes the Buena Vista magnetite iron ore project located in Nevada, United States. Magnum Mining and Exploration Limited was incorporated in 1986 and is based in Melbourne, Australia.
Magnum Mining and Exploration Limited - Asset Resilience Ratio
Magnum Mining and Exploration Limited (MGUFF) has an Asset Resilience Ratio of 0.45% as of December 2024. 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 (2020–2024)
This chart shows how Magnum Mining and Exploration Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Magnum Mining and Exploration Limited'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 | $48.43K | 0.45% |
| Total Liquid Assets | $48.43K | 0.45% |
Asset Resilience Insights
- Limited Liquidity: Magnum Mining and Exploration Limited maintains only 0.45% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Magnum Mining and Exploration Limited Industry Peers by Asset Resilience Ratio
Compare Magnum Mining and Exploration Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF |
Other Industrial Metals & Mining | 0.00% |
|
Napier Ventures Inc
PINK:NPRVF |
Other Industrial Metals & Mining | 0.00% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
Annual Asset Resilience Ratio for Magnum Mining and Exploration Limited (2020–2024)
The table below shows the annual Asset Resilience Ratio data for Magnum Mining and Exploration Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.45% | $48.43K | $10.75 Million | -0.26pp |
| 2023-12-31 | 0.72% | $89.76K | $12.55 Million | -5.43pp |
| 2020-12-31 | 6.14% | $162.50K | $2.65 Million | -- |