GSHRF (Gold X2 Mining) Accumulated Depreciation: $-0.22 Mil (As of Mar. 2026)

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GSHRF Gold X2 Mining Inc GSHRF
35 GF Score
Price $7.94
! 2 Warning Signs
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What is Gold X2 Mining Accumulated Depreciation?

Gold X2 Mining GSHRF +3.12% 35 Accumulated Depreciation is $-0.22 Mil as of Mar. 2026. GuruFocus rates GSHRF with a GF Score™ of 35/100. 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.

Gold X2 Mining's quarterly accumulated depreciation increased from Sep. 2025 ($-0.23 Mil) to Dec. 2025 ($-0.26 Mil) but then stayed the same from Dec. 2025 ($-0.26 Mil) to Mar. 2026 ($-0.22 Mil).

Gold X2 Mining's annual accumulated depreciation increased from Mar. 2023 ($-0.13 Mil) to Dec. 2024 ($-0.22 Mil) and increased from Dec. 2024 ($-0.22 Mil) to Dec. 2025 ($-0.26 Mil).

Gold X2 Mining Accumulated Depreciation Related Terms

Gold X2 Mining Accumulated Depreciation Historical Data

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The historical data trend for Gold X2 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.

Gold X2 Mining Accumulated Depreciation Chart

Gold X2 Mining Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial 0.00 -0.05 -0.13 -0.22 -0.26

Gold X2 Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.17 -0.21 -0.23 -0.26 -0.22
GSHRF
35GF Score
Gold X2 Mining Inc GSHRF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold X2 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.

What does a Accumulated Depreciation of $-0.22 Mil mean?
Gold X2 Mining (GSHRF) has a Accumulated Depreciation of $-0.22 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Gold X2 Mining and its competitors.
Is Gold X2 Mining's Accumulated Depreciation too high?
Gold X2 Mining's current Accumulated Depreciation is $-0.22 Mil. Overall, Gold X2 Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Gold X2 Mining's Accumulated Depreciation compare to NEM and AU?
Gold X2 Mining's Accumulated Depreciation of $-0.22 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 Gold X2 Mining and its competitors. Gold X2 Mining's current Accumulated Depreciation is $-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold X2 Mining stock overvalued right now?
Gold X2 Mining (GSHRF) has a current Accumulated Depreciation of $-0.22 Mil. The current Accumulated Depreciation is $-0.22 Mil. Gold X2 Mining's overall GF Score™ is 35/100 with 2 warning signs to review. 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 Gold X2 Mining (GSHRF), the current Accumulated Depreciation is $-0.22 Mil as of Mar. 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.

Gold X2 Mining Business Description

Other Exchanges DF8:GermanyAUXX:Canada
Address 400 Burrard Street, 450 Commerce Place, Vancouver, BC, CAN, V6C 3A6
Gold X2 Mining Inc is a gold-focused Canadian mineral exploration company. Its primary business is the acquisition and exploration of precious metal mineral properties in Canada. Gold X2 currently holds title to the Moss Gold Project, Hillcrest Project, and an option to earn into the Vanguard Project, Coldstream Project, and Huronian Project located in Ontario, Canada.
35GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.94
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