LOMEF (Black Spruce Exploration) Accumulated Depreciation: $0.00 Mil (As of Mar. 2026)

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What is Black Spruce Exploration Accumulated Depreciation?

Black Spruce Exploration LOMEF +24.96% Accumulated Depreciation is $0.00 Mil as of Mar. 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.

Black Spruce Exploration's quarterly accumulated depreciation increased from Sep. 2025 ($-0.11 Mil) to Dec. 2025 ($-0.12 Mil) but then stayed the same from Dec. 2025 ($-0.12 Mil) to Mar. 2026 ($0.00 Mil).

Black Spruce Exploration's annual accumulated depreciation increased from Jun. 2023 ($0.00 Mil) to Jun. 2024 ($-0.03 Mil) and increased from Jun. 2024 ($-0.03 Mil) to Jun. 2025 ($-0.09 Mil).

Black Spruce Exploration Accumulated Depreciation Related Terms

Black Spruce Exploration Accumulated Depreciation Historical Data

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The historical data trend for Black Spruce Exploration'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.

Black Spruce Exploration Accumulated Depreciation Chart

Black Spruce Exploration Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.03 -0.09

Black Spruce Exploration 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 -0.07 -0.09 -0.11 -0.12 0.00

Black Spruce Exploration 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 $0.00 Mil mean?
Black Spruce Exploration (LOMEF) has a Accumulated Depreciation of $0.00 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 Black Spruce Exploration and its competitors.
Is Black Spruce Exploration's Accumulated Depreciation too high?
Black Spruce Exploration's current Accumulated Depreciation is $0.00 Mil.
How does Black Spruce Exploration's Accumulated Depreciation compare to competitors?
Black Spruce Exploration's Accumulated Depreciation of $0.00 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 Black Spruce Exploration and its competitors. Black Spruce Exploration's current Accumulated Depreciation is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spruce Exploration stock overvalued right now?
Black Spruce Exploration (LOMEF) has a current Accumulated Depreciation of $0.00 Mil. The current Accumulated Depreciation is $0.00 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 Black Spruce Exploration (LOMEF), the current Accumulated Depreciation is $0.00 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.

Black Spruce Exploration Business Description

Other Exchanges BARK:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Black Spruce Exploration Inc, formerly Lithium One Metals Inc is engaged in the exploration and evaluation of resource properties in North America. It is a lithium explorer with its projects in Ontario and Quebec, and its projects include Sirmac Property, Taycan Property, Root South Property, Sharp Property, and others.