Cornish Metals (LSE:CUSN) Construction In Progress : £1.10 Mil (As of Mar. 2025)

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What is Cornish Metals Construction In Progress?

Cornish Metals's quarterly construction in progress declined from Sep. 2024 (£1.10 Mil) to Dec. 2024 (£1.09 Mil) but then increased from Dec. 2024 (£1.09 Mil) to Mar. 2025 (£1.10 Mil).

Cornish Metals's annual construction in progress declined from Jan. 2022 (£2.63 Mil) to Jan. 2023 (£0.00 Mil) but then increased from Jan. 2023 (£0.00 Mil) to Dec. 2024 (£1.09 Mil).

Cornish Metals Construction In Progress Historical Data

The historical data trend for Cornish Metals'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.
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Cornish Metals Construction In Progress Chart

Cornish Metals Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Dec24

Construction In Progress

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2.37

2.57

2.63

1.09

Cornish Metals Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															2.59	1.00	1.10	1.09	1.10

Cornish Metals 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.

Cornish Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (LSE:CUSN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SBWFF:USA ZYR1:Germany ZYR1:Germany CUSN:Canada

Address

1056 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cornishmetals.com

Cornish Metals Inc is engaged in the exploration and development of its mineral properties in Cornwall, United Kingdom. Its flagship mineral property is the past producing South Crofty underground tin mine which is being re-opened through a final investment decision. The Cornwall Mineral Properties are one of the highest-grade tin resources globally, with the potential to become a new, low-cost producer for the world. The company also holds other mineral rights in Cornwall with potential for the discovery of tin, copper, lithium, tungsten, zinc, and silver mineralisation.

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