EGMLF (Engineer Gold Mines) Accumulated Depreciation: $-0.19 Mil (As of May. 2026)

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What is Engineer Gold Mines Accumulated Depreciation?

Engineer Gold Mines EGMLF Accumulated Depreciation is $-0.19 Mil as of May. 2026. The stock has 2 warning signs investors should review.

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

Engineer Gold Mines's quarterly accumulated depreciation increased from Nov. 2025 ($-0.18 Mil) to Feb. 2026 ($-0.19 Mil) and increased from Feb. 2026 ($-0.19 Mil) to May. 2026 ($-0.19 Mil).

Engineer Gold Mines's annual accumulated depreciation increased from Nov. 2023 ($-0.16 Mil) to Nov. 2024 ($-0.17 Mil) and increased from Nov. 2024 ($-0.17 Mil) to Nov. 2025 ($-0.18 Mil).

Engineer Gold Mines Accumulated Depreciation Related Terms

Engineer Gold Mines Accumulated Depreciation Historical Data

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The historical data trend for Engineer Gold Mines'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.

Engineer Gold Mines Accumulated Depreciation Chart

Engineer Gold Mines Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Accumulated Depreciation
Get a 7-Day Free Trial -0.12 -0.14 -0.16 -0.17 -0.18

Engineer Gold Mines Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accumulated Depreciation 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 -0.18 -0.18 -0.19 -0.19

Engineer Gold Mines 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.

What does a Accumulated Depreciation of $-0.19 Mil mean?
Engineer Gold Mines (EGMLF) has a Accumulated Depreciation of $-0.19 Mil as of May. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Engineer Gold Mines and its competitors.
Is Engineer Gold Mines' Accumulated Depreciation too high?
Engineer Gold Mines' current Accumulated Depreciation is $-0.19 Mil.
How does Engineer Gold Mines' Accumulated Depreciation compare to NEM and AU?
Engineer Gold Mines' Accumulated Depreciation of $-0.19 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Metals & Mining company?
A good Accumulated Depreciation depends on the Metals & Mining industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Engineer Gold Mines and its competitors. Engineer Gold Mines's current Accumulated Depreciation is $-0.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engineer Gold Mines stock overvalued right now?
Engineer Gold Mines (EGMLF) has a current Accumulated Depreciation of $-0.19 Mil. The current Accumulated Depreciation is $-0.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Engineer Gold Mines (EGMLF), the current Accumulated Depreciation is $-0.19 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Engineer Gold Mines Business Description

Other Exchanges 9EG0:GermanyEAU:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Engineer Gold Mines Ltd is an exploration stage junior mining company engaged in the identification, acquisition and exploration of mineral properties. The company's project includes the Engineer Project, located in British Columbia, Canada.