According to Magnetite Mines latest financial reports the cash on hand of MGT is $3.47M, an decrease of -73.46% to 2022. At the end of 2022 company had $13.09M cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $3.47M | -73.46% |
2022 | $13.09M | 16.64% |
2021 | $11.22M | 1896.45% |
2020 | $562.11K | 264.84% |
2019 | $154.07K | - |