GEODF (Geodrill) Construction In Progress : $11.3 Mil (As of Mar. 2025)

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What is Geodrill Construction In Progress?

Geodrill's quarterly construction in progress increased from Sep. 2024 ($14.4 Mil) to Dec. 2024 ($17.8 Mil) but then declined from Dec. 2024 ($17.8 Mil) to Mar. 2025 ($11.3 Mil).

Geodrill's annual construction in progress declined from Dec. 2022 ($11.0 Mil) to Dec. 2023 ($10.0 Mil) but then increased from Dec. 2023 ($10.0 Mil) to Dec. 2024 ($17.8 Mil).

Geodrill Construction In Progress Historical Data

The historical data trend for Geodrill'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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Geodrill Construction In Progress Chart

Geodrill Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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5.79

9.27

11.01

10.01

17.80

Geodrill Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															10.59	11.71	14.38	17.80	11.30

Geodrill 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.

Geodrill Business Description

Industry

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

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Traded in Other Exchanges

7GD:Germany GEO:Canada

Address

18 Peel Road, South Suite, Ragnall House, Douglas, IMN, IM1 4LZ

Website

https://www.geodrill-gh.com

Geodrill Ltd is an exploration drilling company. It mainly operates a fleet of multi-purpose, core, air-core, and grade control drill rigs. The company provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services to intermediate, and junior mining companies.