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New Found Gold (TSXV:NFG) Buildings And Improvements : C$0.00 Mil (As of Dec. 2023)


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What is New Found Gold Buildings And Improvements?

New Found Gold Buildings And Improvements Historical Data

The historical data trend for New Found Gold'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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New Found Gold Buildings And Improvements Chart

New Found Gold Annual Data
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Buildings And Improvements
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New Found Gold Quarterly Data
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New Found Gold 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.

New Found Gold (TSXV:NFG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Found Gold Corp (TSXV:NFG) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
NFGC:USA 5QG:Germany
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
Website
https://www.newfoundgold.ca
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).