PRMMF (Premier African Minerals) Construction In Progress: $9.40 Mil (As of Jun. 2025)


What is Premier African Minerals Construction In Progress?

Premier African Minerals PRMMF Construction In Progress is $9.40 Mil as of Jun. 2025. The stock has 1 warning sign investors should review.

Premier African Minerals's quarterly construction in progress declined from Jun. 2024 ($53.22 Mil) to Dec. 2024 ($9.06 Mil) but then increased from Dec. 2024 ($9.06 Mil) to Jun. 2025 ($9.40 Mil).

Premier African Minerals's annual construction in progress increased from Dec. 2022 ($34.96 Mil) to Dec. 2023 ($51.26 Mil) but then declined from Dec. 2023 ($51.26 Mil) to Dec. 2024 ($9.06 Mil).

Premier African Minerals Construction In Progress Historical Data

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The historical data trend for Premier African Minerals'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.

Premier African Minerals Construction In Progress Chart

Premier African Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 34.96 51.26 9.06

Premier African Minerals Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 41.92 51.26 53.22 9.06 9.40

Premier African Minerals 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 $9.40 Mil mean?
Premier African Minerals (PRMMF) has a Construction In Progress of $9.40 Mil as of Jun. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Premier African Minerals and its competitors.
Is Premier African Minerals' Construction In Progress too high?
Premier African Minerals' current Construction In Progress is $9.40 Mil.
How does Premier African Minerals' Construction In Progress compare to competitors?
Premier African Minerals' Construction In Progress of $9.40 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 Premier African Minerals and its competitors. Premier African Minerals's current Construction In Progress is $9.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier African Minerals stock overvalued right now?
Premier African Minerals (PRMMF) has a current Construction In Progress of $9.40 Mil. The current Construction In Progress is $9.40 Mil. 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 Premier African Minerals (PRMMF), the current Construction In Progress is $9.40 Mil as of Jun. 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.

Premier African Minerals Business Description

Other Exchanges PREM:UK0PA0:Germany
Address Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG 1110
Premier African Minerals Ltd is a mining company that explores, evaluates, and develops mineral properties focused mainly on tungsten, lithium and tantalum elements in Africa. The company operates in three segments: RHA and RHA Mauritius, which is engaged in the development and mining of Wolframite; Zulu and Zulu Mauritius, which is engaged in the development of Lithium and Tantalite; and the Head office.