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Fredonia Mining (TSXV:FRED) Accounts Payable & Accrued Expense : C$0.97 Mil (As of Dec. 2023)


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What is Fredonia Mining Accounts Payable & Accrued Expense?

Fredonia Mining's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.59 Mil) to Sep. 2023 (C$0.77 Mil) and increased from Sep. 2023 (C$0.77 Mil) to Dec. 2023 (C$0.97 Mil).

Fredonia Mining's annual accounts payable & accrued expense declined from Sep. 2021 (C$1.61 Mil) to Sep. 2022 (C$0.61 Mil) but then increased from Sep. 2022 (C$0.61 Mil) to Sep. 2023 (C$0.77 Mil).


Fredonia Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fredonia 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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Fredonia Mining Accounts Payable & Accrued Expense Chart

Fredonia Mining Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
0.77 1.61 0.61 0.77

Fredonia Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 0.48 0.59 0.77 0.97

Fredonia 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.


Fredonia Mining (TSXV:FRED) Business Description

Traded in Other Exchanges
N/A
Address
350 Bay Street, Number 700, Toronto, ON, CAN, M5H 2S6
Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with significant gold mineralization encountered in the radial as well as ring structures.
Executives
Estanislao Ricardo Auriemma Director, Senior Officer

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