Arras Minerals (TSXV:ARK) Buildings And Improvements : C$0.22 Mil (As of Jan. 2024)

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What is Arras Minerals Buildings And Improvements?

Arras Minerals's quarterly buildings and improvements declined from Jul. 2023 (C$0.27 Mil) to Oct. 2023 (C$0.26 Mil) and declined from Oct. 2023 (C$0.26 Mil) to Jan. 2024 (C$0.22 Mil).

Arras Minerals's annual buildings and improvements increased from Oct. 2021 (C$0.00 Mil) to Oct. 2022 (C$0.36 Mil) but then declined from Oct. 2022 (C$0.36 Mil) to Oct. 2023 (C$0.26 Mil).

Arras Minerals Buildings And Improvements Historical Data

The historical data trend for Arras Minerals's Buildings And Improvements 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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Arras Minerals Buildings And Improvements Chart

Arras Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Buildings And Improvements

0.36

0.26

Arras Minerals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Buildings And Improvements	Get a 7-Day Free Trial							0.33	0.31	0.27	0.26	0.22

Arras Minerals Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Arras Minerals (TSXV:ARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arras Minerals Corp (TSXV:ARK) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

ARRKF:USA

Address

777 Dunsmuir Street, Suite 1605, PO Box 10414, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.arrasminerals.com

Arras Minerals Corp is engaged in the acquisition, exploration, and development of mineral property interests. The company's assets consist of the option to acquire a 100% interest in the Beskauga property (Beskauga) in Kazakhstan. It engages in advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project.

Executives

Darren Ervin Charles Klinck

Senior Officer

Arras Minerals (TSXV:ARK) Headlines

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