Omai Gold Mines (TSXV:OMG) Accumulated Depreciation : C$-0.20 Mil (As of Dec. 2023)

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What is Omai Gold Mines Accumulated Depreciation?

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

Omai Gold Mines's quarterly accumulated depreciation increased from Jun. 2023 (C$-0.17 Mil) to Sep. 2023 (C$-0.21 Mil) but then stayed the same from Sep. 2023 (C$-0.21 Mil) to Dec. 2023 (C$-0.20 Mil).

Omai Gold Mines's annual accumulated depreciation increased from Dec. 2021 (C$-0.05 Mil) to Dec. 2022 (C$-0.11 Mil) and increased from Dec. 2022 (C$-0.11 Mil) to Dec. 2023 (C$-0.20 Mil).

Omai Gold Mines Accumulated Depreciation Historical Data

The historical data trend for Omai Gold Mines'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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Omai Gold Mines Accumulated Depreciation Chart

Omai Gold Mines Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.05

-0.11

-0.20

Omai Gold Mines Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial										-0.11	-0.15	-0.17	-0.21	-0.20

Omai Gold Mines 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.

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Omai Gold Mines (TSXV:OMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Omai Gold Mines Corp (TSXV:OMG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

OMGGF:USA 0N2:Germany

Address

130 King Street West, Suite 3680, Toronto, ON, CAN, M5X 1B1

Website

https://www.omaigoldmines.com

Omai Gold Mines Corp is a mineral exploration company. Its Omai gold mine is located in Guyana, on the North coast of South America. The mine has two open pits: the Fennell pit and the Wenot pit. Its other project is Grenfell Property.

Executives

Derek Macpherson

Director