Prime Mining (TSX:PRYM) Accounts Payable & Accrued Expense : C$1.31 Mil (As of Mar. 2024)

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What is Prime Mining Accounts Payable & Accrued Expense?

Prime Mining's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$0.96 Mil) to Dec. 2023 (C$2.43 Mil) but then declined from Dec. 2023 (C$2.43 Mil) to Mar. 2024 (C$1.31 Mil).

Prime Mining's annual accounts payable & accrued expense increased from Apr. 2021 (C$0.83 Mil) to Dec. 2022 (C$1.17 Mil) and increased from Dec. 2022 (C$1.17 Mil) to Dec. 2023 (C$2.43 Mil).

Prime Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Prime Mining's Accounts Payable & Accrued Expense 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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Prime Mining Accounts Payable & Accrued Expense Chart

Prime Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.49

0.58

0.83

1.17

2.43

Prime Mining Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.17	1.11	0.96	2.43	1.31

Prime Mining Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Prime Mining (TSX:PRYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prime Mining Corp (TSX:PRYM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PRMNF:USA O4V3:Germany

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.primeminingcorp.ca

Prime Mining Corp is engaged in the acquisition, exploration, and development of mineral resource properties, primarily targeting high-value and specialty metals. The company's projects include Los Reyes; Magenta and others. The Company has one operating segment, which is the acquisition and exploration of mineral properties.

Executives

Kerry Elwyn Sparkes

Director

Prime Mining (TSX:PRYM) Headlines

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