MAG Silver (LTS:0V56) Accumulated Depreciation : C$0.00 Mil (As of Mar. 2024)

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What is MAG Silver Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

MAG Silver's annual accumulated depreciation increased from Dec. 2021 (C$-1.23 Mil) to Dec. 2022 (C$-1.55 Mil) but then stayed the same from Dec. 2022 (C$-1.55 Mil) to Dec. 2023 (C$0.00 Mil).

MAG Silver Accumulated Depreciation Historical Data

The historical data trend for MAG Silver's Accumulated Depreciation 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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MAG Silver Accumulated Depreciation Chart

MAG Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.78

-0.99

-1.23

-1.55

MAG Silver Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-1.59	-	-	-	-

MAG Silver Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

MAG Silver Accumulated Depreciation Related Terms

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MAG Silver (LTS:0V56) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (LTS:0V56) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MAG:USA MQ8:Germany MAG:Canada

Address

800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6

Website

https://www.magsilver.com

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.

MAG Silver (LTS:0V56) Headlines

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