Last $0.0010 USD
Change Today 0.00 / 0.00%
Volume 204.6K
As of 11:20 AM 04/21/14 All times are local (Market data is delayed by at least 15 minutes).

umining resources inc (UMNG) Snapshot

Open
$0.0010
Previous Close
$0.0010
Day High
$0.0010
Day Low
$0.0010
52 Week High
02/27/14 - $0.0037
52 Week Low
04/30/13 - $0.0001
Market Cap
749.2K
Average Volume 10 Days
1.4M
EPS TTM
--
Shares Outstanding
749.2M
EX-Date
--
P/E TM
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Dividend
--
Dividend Yield
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Current Stock Chart for UMINING RESOURCES INC (UMNG)

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umining resources inc (UMNG) Details

UMining Resources Inc. focuses on obtaining mining and exploration permits and rights, and acquiring open pit gold mines from independent or private entities in the United States. The company was formerly known as Globex, Inc. and changed its name to UMining Resources Inc. in April 2007. UMining Resources Inc. was incorporated in 1999 and is based in New York, New York.

Founded in 1999

umining resources inc (UMNG) Top Compensated Officers

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umining resources inc (UMNG) Key Developments

UMINING Resources Inc. and Get It Tunes Agora Inc. Announce New Joint Venture

UMINING Resources Inc. announced a new joint venture with Get It Tunes Agora Inc. UMining Resources Inc. plans a new direction and a name change. It will aspire to transform itself into 'the alternative' multi-media company by building alliances with international companies and "mine" the world's cultural archives. UMNG proposes to generate revenues by using the websites, proprietary catalogues and software of GITA, to offer 'world class' multimedia content directly to consumers. By offering live streaming of shows and concerts, UMining also plan to obtain revenues through sponsorships and advertising. UMining will use GITA's expertise to facilitate social media interaction between artists/groups and fans. The company will be acquiring rights of works in the Spanish language and is initially targeting the Hispanic market because the upscale Latinos have been the most market changing influence since the baby boomers. They like to 'consume' content in both languages but tend to switch for audiovisual content, with wide spread usage of the Internet and mobile phones.

 

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UMNG

Industry Average

Valuation UMNG Industry Range
Price/Earnings 1.9x
Price/Sales 0.9x
Price/Book NM Not Meaningful
Price/Cash Flow 1.9x
TEV/Sales 0.7x

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