MMG (MMLTF) Construction In Progress: $1,557 Mil (As of Dec. 2025)


MMLTF MMG Ltd MMLTF
64 GF Score
Price $0.91
GF Value $0.49
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MMG Construction In Progress?

MMG MMLTF -4.90% 64 Construction In Progress is $1,557 Mil as of Dec. 2025. GuruFocus rates MMLTF with a GF Score™ of 64/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 2 warning signs investors should review.

MMG's quarterly construction in progress declined from Dec. 2024 ($1,121 Mil) to Jun. 2025 ($0 Mil) but then increased from Jun. 2025 ($0 Mil) to Dec. 2025 ($1,557 Mil).

MMG's annual construction in progress increased from Dec. 2023 ($719 Mil) to Dec. 2024 ($1,121 Mil) and increased from Dec. 2024 ($1,121 Mil) to Dec. 2025 ($1,557 Mil).

MMG Construction In Progress Historical Data

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The historical data trend for MMG'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.

MMG Construction In Progress Chart

MMG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 436.00 502.50 718.90 1,120.50 1,557.20

MMG 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 718.90 0.00 1,120.50 0.00 1,557.20
MMLTF
64GF Score
MMG Ltd MMLTF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MMG 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 $1,557 Mil mean?
MMG (MMLTF) has a Construction In Progress of $1,557 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on MMG and its competitors.
Is MMG's Construction In Progress too high?
MMG's current Construction In Progress is $1,557 Mil. Overall, MMG has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MMG's Construction In Progress compare to SCCO and FCX?
MMG's Construction In Progress of $1,557 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 MMG and its competitors. MMG's current Construction In Progress is $1,557 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMG stock overvalued right now?
Based on GuruFocus' analysis, MMG (MMLTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $0.91 — trading 85.4% above its estimated fair value. The current Construction In Progress is $1,557 Mil. MMG's overall GF Score™ is 64/100 with 2 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 MMG (MMLTF), the current Construction In Progress is $1,557 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.

Is MMG (MMLTF) Overvalued in 2026?

Based on GuruFocus' analysis, MMG stock appears to be overvalued. The current stock price of $0.91 is trading 85.4% above its estimated GF Value™ of $0.49. GuruFocus considers MMG to be Significantly Overvalued.

Key valuation signals for MMLTF:

  • Construction In Progress: $1,557 Mil
  • GF Value™: $0.49 vs. price of $0.91 (85.4% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the MMLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MMG Business Description

Other Exchanges 01208:Hong KongOMS1:Germany
Address 28 Freshwater Place, Level 24, GPO Box 2982, Southbank, Melbourne, VIC, AUS, 3006
MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, cobalt, gold, silver, molybdenum, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, Khoemacau, Rosebery, and others. The company derives maximum revenue from Las Bambas mine, which is an open-pit, scalable, long-life copper and molybdenum mining operation located in the Cotabambas, Apurimac region of Peru.
64GF Score

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

$0.91
Price
$0.49
GF Value