CNL (Collective Mining) Accumulated Depreciation : $-0.66 Mil (As of Sep. 2024)

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What is Collective Mining Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Collective Mining's quarterly accumulated depreciation increased from Mar. 2024 ($-0.49 Mil) to Jun. 2024 ($-0.57 Mil) and increased from Jun. 2024 ($-0.57 Mil) to Sep. 2024 ($-0.66 Mil).

Collective Mining's annual accumulated depreciation increased from Dec. 2021 ($-0.12 Mil) to Dec. 2022 ($-0.24 Mil) and increased from Dec. 2022 ($-0.24 Mil) to Dec. 2023 ($-0.41 Mil).

Collective Mining Accumulated Depreciation Historical Data

The historical data trend for Collective Mining's Accumulated Depreciation 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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Collective Mining Accumulated Depreciation Chart

Collective Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.01

-0.12

-0.24

-0.41

Collective Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial													-0.41	-0.41	-0.49	-0.57	-0.66

Collective Mining Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Collective Mining Accumulated Depreciation Related Terms

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Collective Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Collective Mining Ltd (AMEX:CNL) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GG1:Germany CNL:Canada

Address

82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1

Website

https://www.collectivemining.com

Collective Mining Ltd is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. The company currently has 100% interest in two projects located in Colombia, namely, Guayabales and San Antonio. The company is responsible for discovering, permitting, and constructing the gold mine in Colombia. The company is rapidly advancing exploration on large-scale copper-gold-molybdenum porphyry targets in the mining-friendly department of Caldas in Colombia. Drilling is underway at the Guayabales project which is strategically located contiguous to the Marmato deposit, with initial assay results ongoing.