Red Lake Gold (XCNQ:RGLD) Accounts Payable & Accrued Expense : C$0.02 Mil (As of Feb. 2024)

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What is Red Lake Gold Accounts Payable & Accrued Expense?

Red Lake Gold's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.00 Mil) to Nov. 2023 (C$0.01 Mil) and increased from Nov. 2023 (C$0.01 Mil) to Feb. 2024 (C$0.02 Mil).

Red Lake Gold's annual accounts payable & accrued expense declined from Nov. 2021 (C$0.02 Mil) to Nov. 2022 (C$0.01 Mil) but then stayed the same from Nov. 2022 (C$0.01 Mil) to Nov. 2023 (C$0.01 Mil).

Red Lake Gold Accounts Payable & Accrued Expense Historical Data

The historical data trend for Red Lake Gold's Accounts Payable & Accrued Expense 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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Red Lake Gold Accounts Payable & Accrued Expense Chart

Red Lake Gold Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.02

0.01

Red Lake Gold Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	-	-	0.01	0.02

Red Lake Gold Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Red Lake Gold (XCNQ:RGLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Lake Gold Inc (XCNQ:RGLD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

P11A:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.redlakegold.ca

Red Lake Gold Inc is focused on a high-impact gold exploration through its Whirlwind Jack Gold Project which is a district-scale gold exploration project located near Red Lake, Ontario. The LP Fault structure interpreted in this project is situated within a deep magnetic low. The company projects also include Fenelon North Gold Project, Preston District Uranium Project.

Executives

Ryan Kalt

10% Security Holder, Director, Senior Officer