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Genesis Minerals (ASX:GMD) Construction In Progress : A$0.0 Mil (As of Dec. 2023)


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What is Genesis Minerals Construction In Progress?

Genesis Minerals's quarterly construction in progress increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$22.7 Mil) but then declined from Jun. 2023 (A$22.7 Mil) to Dec. 2023 (A$0.0 Mil).

Genesis Minerals's annual construction in progress stayed the same from Jun. 2021 (A$0.0 Mil) to Jun. 2022 (A$0.0 Mil) but then increased from Jun. 2022 (A$0.0 Mil) to Jun. 2023 (A$22.7 Mil).


Genesis Minerals Construction In Progress Historical Data

The historical data trend for Genesis 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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Genesis Minerals Construction In Progress Chart

Genesis Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 22.67

Genesis Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress 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 - - - 22.67 -

Genesis 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.


Genesis Minerals (ASX:GMD) Business Description

Traded in Other Exchanges
Address
Level 7, 40 The Esplanade, Perth, WA, AUS, 6000
Genesis Minerals Ltd is an Australian gold exploration company. The Group's sole activity is mineral production, exploration and development of mineral interests in the Leonora region, wholly within Australia It owns an interest in Ulysses Gold Project and Barimaia Gold Project. The company generates revenue from the sale of Gold and Silver, with the majority of revenue coming from the sale of Gold.

Genesis Minerals (ASX:GMD) Headlines

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