SCCFF (Strategic Resources) Construction In Progress: $48.91 Mil (As of Mar. 2023)


SCCFF Strategic Resources Inc SCCFF
35 GF Score
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What is Strategic Resources Construction In Progress?

Strategic Resources SCCFF 35 Construction In Progress is $48.91 Mil as of Mar. 2023. GuruFocus rates SCCFF with a GF Score™ of 35/100.

Strategic Resources's quarterly construction in progress stayed the same from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Mar. 2023 ($48.91 Mil).

Strategic Resources Construction In Progress Historical Data

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The historical data trend for Strategic Resources'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.

Strategic Resources Construction In Progress Chart

Strategic Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Strategic Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 0.00 0.00 48.91
SCCFF
35GF Score
Strategic Resources Inc SCCFF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Strategic Resources 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 $48.91 Mil mean?
Strategic Resources (SCCFF) has a Construction In Progress of $48.91 Mil as of Mar. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Strategic Resources and its competitors.
Is Strategic Resources' Construction In Progress too high?
Strategic Resources' current Construction In Progress is $48.91 Mil. Overall, Strategic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Strategic Resources' Construction In Progress compare to competitors?
Strategic Resources' Construction In Progress of $48.91 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 Strategic Resources and its competitors. Strategic Resources's current Construction In Progress is $48.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Resources stock overvalued right now?
Strategic Resources (SCCFF) has a current Construction In Progress of $48.91 Mil. The current Construction In Progress is $48.91 Mil. Strategic Resources' overall GF Score™ is 35/100. 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 Strategic Resources (SCCFF), the current Construction In Progress is $48.91 Mil as of Mar. 2023. 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.

Strategic Resources Business Description

Address 1155 Metcalfe Street, Suite 1539, Montreal, QC, CAN, H3B 2V6
Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, metallic iron, and critical minerals. The company has assets in two mining jurisdictions, including the BlackRock Vanadium-Titanium-Iron Project in Chibougamau, Quebec, where it is developing a mining property and pellet plant in Saguenay, Quebec. The company also holds the Mustavaara vanadium project in Finland. Strategic Resources supplies metallic iron for foundry and steel producers in North America and Europe.
35GF 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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