METOF (Meteoric Resources NL) Construction In Progress: $0.64 Mil (As of Dec. 2025)


METOF Meteoric Resources NL METOF
12 GF Score
Price $0.11
! 4 Warning Signs
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What is Meteoric Resources NL Construction In Progress?

Meteoric Resources NL METOF +0.23% 12 Construction In Progress is $0.64 Mil as of Dec. 2025. GuruFocus rates METOF with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

Meteoric Resources NL's quarterly construction in progress stayed the same from Dec. 2024 ($0.00 Mil) to Jun. 2025 ($0.00 Mil) but then increased from Jun. 2025 ($0.00 Mil) to Dec. 2025 ($0.64 Mil).

Meteoric Resources NL's annual construction in progress stayed the same from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Jun. 2024 ($0.34 Mil).

Meteoric Resources NL Construction In Progress Historical Data

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The historical data trend for Meteoric Resources NL'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.

Meteoric Resources NL Construction In Progress Chart

Meteoric Resources NL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.34

Meteoric Resources NL Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.34 0.00 0.00 0.64
METOF
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Meteoric Resources NL METOF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Meteoric Resources NL 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.

What does a Construction In Progress of $0.64 Mil mean?
Meteoric Resources NL (METOF) has a Construction In Progress of $0.64 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Meteoric Resources NL and its competitors.
Is Meteoric Resources NL's Construction In Progress too high?
Meteoric Resources NL's current Construction In Progress is $0.64 Mil. Overall, Meteoric Resources NL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meteoric Resources NL's Construction In Progress compare to competitors?
Meteoric Resources NL's Construction In Progress of $0.64 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Meteoric Resources NL and its competitors. Meteoric Resources NL's current Construction In Progress is $0.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meteoric Resources NL stock overvalued right now?
Meteoric Resources NL (METOF) has a current Construction In Progress of $0.64 Mil. The current Construction In Progress is $0.64 Mil. Meteoric Resources NL's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Meteoric Resources NL (METOF), the current Construction In Progress is $0.64 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meteoric Resources NL Business Description

Other Exchanges RNF:GermanyMEI:Australia
Address 35 Ventnor Avenue, Level 1, West Perth, Perth, WA, AUS, 6005
Meteoric Resources NL is an Australian company focused on exploring and developing mineral tenements in Brazil. Its flagship project is the Caldeira Rare Earths Project, comprising several mining exploration and licenses located between the cities of Caldas, Pocos de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazil. The rare earth mineralisation at the Caldeira Project is hosted in soft, weathered clays and is enriched in magnet rare earths of dysprosium and terbium (DyTb) and neodymium and praseodymium (NdPr). The company has one reportable segment, being exploration and development activities in Brazil.
12GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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