Steppe Gold (Steppe Gold) Construction In Progress : $55.81 Mil (As of Mar. 2024)

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What is Steppe Gold Construction In Progress?

Steppe Gold's quarterly construction in progress increased from Sep. 2023 ($12.09 Mil) to Dec. 2023 ($15.27 Mil) and increased from Dec. 2023 ($15.27 Mil) to Mar. 2024 ($55.81 Mil).

Steppe Gold's annual construction in progress increased from Dec. 2021 ($6.33 Mil) to Dec. 2022 ($10.60 Mil) and increased from Dec. 2022 ($10.60 Mil) to Dec. 2023 ($15.27 Mil).

Steppe Gold Construction In Progress Historical Data

The historical data trend for Steppe Gold'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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Steppe Gold Construction In Progress Chart

Steppe Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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7.10

1.23

6.33

10.60

15.27

Steppe Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															10.44	10.90	12.09	15.27	55.81

Steppe Gold 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.

Steppe Gold (Steppe Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Steppe Gold Ltd (OTCPK:STPGF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

2J9:Germany STGO:Canada

Address

Shangri-La office, Olympic street 19A, Suite 1201, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241

Website

https://www.steppegold.com

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the "ATO Project" or "ATO Mine"), located in Eastern Mongolia. The Company generates revenue from the sale of gold and silver , also majority of the company's revenue is derived from the sale of gold in Mongolia at spot rate.

Steppe Gold (Steppe Gold) Headlines

From GuruFocus

Steppe Gold Files Technical Report for ATO Gold Project

By GlobeNewswire GlobeNewswire • 11-30-2021

Completion of the Feasibility Study for the ATO Gold Project Successfully Demonstrates a Robust, Long Life Operation

By GlobeNewswire GlobeNewswire • 10-27-2021

Steppe Gold President and CEO Announces Filing of Early Warning Report

By GlobeNewswire GlobeNewswire • 02-16-2022

Steppe Gold Announces Change of Auditor

By GlobeNewswire GlobeNewswire • 10-30-2021

Steppe Gold Files Amended and Restated Technical Report for the Altan Tsagaan Ovoo Project

By GlobeNewswire GlobeNewswire • 06-10-2021

Steppe Gold Announces Director Resignation

By GlobeNewswire GlobeNewswire • 08-20-2019

Director Lewis Marks Refuses to Comply With Steppe's Majority Voting Policy

By GlobeNewswire GlobeNewswire • 07-08-2019