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Torque Metals (ASX:TOR) Construction In Progress : A$0.00 Mil (As of Dec. 2023)


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What is Torque Metals Construction In Progress?

Torque Metals Construction In Progress Historical Data

The historical data trend for Torque Metals's Construction In Progress 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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Torque Metals Construction In Progress Chart

Torque Metals Annual Data
Trend Jun21 Jun22 Jun23
Construction In Progress
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Torque Metals Semi-Annual Data
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Torque Metals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Torque Metals (ASX:TOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Website
https://www.torquemetals.com
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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