Prospect Ridge Resources (XCNQ:PRR) Accumulated Depreciation : C$-0.25 Mil (As of Feb. 2024)

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What is Prospect Ridge Resources Accumulated Depreciation?

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

Prospect Ridge Resources's quarterly accumulated depreciation increased from Aug. 2023 (C$-0.17 Mil) to Nov. 2023 (C$-0.21 Mil) and increased from Nov. 2023 (C$-0.21 Mil) to Feb. 2024 (C$-0.25 Mil).

Prospect Ridge Resources's annual accumulated depreciation increased from Aug. 2021 (C$-0.02 Mil) to Aug. 2022 (C$-0.12 Mil) and increased from Aug. 2022 (C$-0.12 Mil) to Aug. 2023 (C$-0.17 Mil).

Prospect Ridge Resources Accumulated Depreciation Historical Data

The historical data trend for Prospect Ridge Resources'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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Prospect Ridge Resources Accumulated Depreciation Chart

Prospect Ridge Resources Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Accumulated Depreciation

-0.02

-0.12

-0.17

Prospect Ridge Resources Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Accumulated Depreciation	Get a 7-Day Free Trial								-0.08	-0.10	-0.17	-0.21	-0.25

Prospect Ridge Resources 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.

Prospect Ridge Resources Accumulated Depreciation Related Terms

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Prospect Ridge Resources (XCNQ:PRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prospect Ridge Resources Corp (XCNQ:PRR) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PRRSF:USA

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.prospectridgeresources.com

Prospect Ridge Resources Corp is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral projects in North America. The company's material property is the Galinee Project, consisting of 15 contiguous mineral claims covering an area of approximately 839.45 hectares in the province of Quebec. It also holds interest in Holy Grail Property which is located north of Terrace, BC. It started the project Knauss Creek Property.

Executives

Michael Alexander Iverson	Director, Senior Officer
Yan Ducharme	Senior Officer

Prospect Ridge Resources (XCNQ:PRR) Headlines

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