SSR Mining (TSX:SSRM) Construction In Progress : C$116 Mil (As of Dec. 2023)

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What is SSR Mining Construction In Progress?

SSR Mining's quarterly construction in progress declined from Jun. 2023 (C$127 Mil) to Sep. 2023 (C$113 Mil) but then increased from Sep. 2023 (C$113 Mil) to Dec. 2023 (C$116 Mil).

SSR Mining's annual construction in progress increased from Dec. 2021 (C$47 Mil) to Dec. 2022 (C$80 Mil) and increased from Dec. 2022 (C$80 Mil) to Dec. 2023 (C$116 Mil).

SSR Mining Construction In Progress Historical Data

The historical data trend for SSR Mining'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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SSR Mining Construction In Progress Chart

SSR Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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37.15

51.61

47.16

79.75

115.79

SSR Mining 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	Get a 7-Day Free Trial															79.75	114.23	126.74	112.86	115.79

SSR Mining 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.

SSR Mining (TSX:SSRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SSR Mining Inc (TSX:SSRM) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SSRM:USA ZSV:Germany SSR:Australia

Address

6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237

Website

https://www.ssrmining.com

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.