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Magna Gold (Magna Gold) Construction In Progress : $0.00 Mil (As of Sep. 2022)


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What is Magna Gold Construction In Progress?

Magna Gold Construction In Progress Historical Data

The historical data trend for Magna 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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Magna Gold Construction In Progress Chart

Magna Gold Annual Data
Trend Mar18 Mar19 Mar20 Dec21
Construction In Progress
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Magna Gold Quarterly Data
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Magna 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.

Magna Gold (Magna Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Gold Corp (OTCPK:MGLQF) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Website
https://www.magnagoldcorp.com
Magna Gold Corp is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima, Mercedes, and others. The majority of its revenue comes from sales of Gold.