Amaroq Minerals (Amaroq Minerals) Construction In Progress : $41.36 Mil (As of Mar. 2024)

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What is Amaroq Minerals Construction In Progress?

Amaroq Minerals's quarterly construction in progress increased from Sep. 2023 ($12.51 Mil) to Dec. 2023 ($24.81 Mil) and increased from Dec. 2023 ($24.81 Mil) to Mar. 2024 ($41.36 Mil).

Amaroq Minerals's annual construction in progress declined from Dec. 2021 ($5.82 Mil) to Dec. 2022 ($5.54 Mil) but then increased from Dec. 2022 ($5.54 Mil) to Dec. 2023 ($24.81 Mil).

Amaroq Minerals Construction In Progress Historical Data

The historical data trend for Amaroq Minerals's Construction In Progress 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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Amaroq Minerals Construction In Progress Chart

Amaroq Minerals Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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5.82

5.54

24.81

Amaroq Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															5.50	5.66	12.51	24.81	41.36

Amaroq Minerals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Amaroq Minerals (Amaroq Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amaroq Minerals Ltd (OTCPK:AMRQF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

AMRQ:Iceland AMRQ:UK 72Q:Germany AMRQ:Canada

Address

3400 One First Canadian Place, PO Box 130, Toronto, ON, CAN, M5X 1A4

Website

https://www.amaroqminerals.com

Amaroq Minerals Ltd Is an exploration company with a focus on locating high-grade gold deposits in Greenland. The company owns seven licenses in South Greenland covering an area of 4,090 km, which are highly prospective for gold and other strategic minerals.