First Majestic Silver (First Majestic Silver) Construction In Progress

: $48.7 Mil (As of Dec. 2023)

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First Majestic Silver's quarterly construction in progress increased from Jun. 2023 ($56.3 Mil) to Sep. 2023 ($57.2 Mil) but then declined from Sep. 2023 ($57.2 Mil) to Dec. 2023 ($48.7 Mil).

First Majestic Silver's annual construction in progress declined from Dec. 2021 ($90.5 Mil) to Dec. 2022 ($73.9 Mil) and declined from Dec. 2022 ($73.9 Mil) to Dec. 2023 ($48.7 Mil).

First Majestic Silver Construction In Progress Historical Data

The historical data trend for First Majestic Silver'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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First Majestic Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

27.65

55.67

90.45

73.93

48.74

First Majestic Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress																73.93	59.69	56.31	57.23	48.74

First Majestic Silver 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.

First Majestic Silver (First Majestic Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Majestic Silver Corp (NYSE:AG) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

0QYC:UK FMV:Germany FMV:Germany FMV:Germany FMV:Germany FR:Canada

Address

925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2

Website

https://www.firstmajestic.com

First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns four producing mines, three mines in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine and the Jerritt Canyon Gold Mine in Nevada.

Executives

Vinita Lee Piper

10 percent owner

712 WILCREST, SUITE 3020, HOUSTON TX 77042