Richmont Mines (Richmont Mines) Buildings And Improvements : $26.8 Mil (As of Sep. 2017)

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What is Richmont Mines Buildings And Improvements?

Richmont Mines's quarterly buildings and improvements increased from Mar. 2017 ($27.6 Mil) to Jun. 2017 ($28.9 Mil) but then declined from Jun. 2017 ($28.9 Mil) to Sep. 2017 ($26.8 Mil).

Richmont Mines's annual buildings and improvements increased from Dec. 2014 ($13.5 Mil) to Dec. 2015 ($22.5 Mil) and increased from Dec. 2015 ($22.5 Mil) to Dec. 2016 ($27.6 Mil).

Richmont Mines Buildings And Improvements Historical Data

The historical data trend for Richmont Mines's Buildings And Improvements 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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Richmont Mines Buildings And Improvements Chart

Richmont Mines Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Buildings And Improvements

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10.42

12.64

13.47

22.50

27.59

Richmont Mines Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Buildings And Improvements	Get a 7-Day Free Trial															27.72	27.59	27.62	28.86	26.76

Richmont Mines Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Richmont Mines (Richmont Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmont Mines Inc (NYSE:RIC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.richmont-mines.com

Richmont Mines Inc is a Canada-based gold producer. The company is involved in the gold production, mine development and mineral exploration. Its geographic segments consist of Quebec and Ontario. The company currently operates the Beaufor Mine and the Camflo Mill in Quebec. Richmont also produces gold from the Island Gold Mine in Ontario. The majority of the company's revenue is derived from gold sales and silver sales.

Richmont Mines (Richmont Mines) Headlines

From GuruFocus

Richmont Mines Reports Solid 1st Quarter Operating Results

By Alberto Abaterusso Alberto Abaterusso • 04-14-2017