NWXPF (Newport Exploration) Construction In Progress : $0.00 Mil (As of Jul. 2024)

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What is Newport Exploration Construction In Progress?

Newport Exploration Construction In Progress Historical Data

The historical data trend for Newport Exploration'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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Newport Exploration Construction In Progress Chart

Newport Exploration Annual Data

Trend

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Construction In Progress

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Newport Exploration Quarterly Data
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Newport Exploration 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.

Newport Exploration Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

1XX:Germany NWX:Canada

Address

2168 Marine Drive, Suite 202, West Vancouver, Vancouver, BC, CAN, V7V 1K3

Website

https://www.newport-exploration.com

Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.