SMAGF (Soma Gold) Construction In Progress : $0.01 Mil (As of Sep. 2024)

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What is Soma Gold Construction In Progress?

Soma Gold's quarterly construction in progress declined from Mar. 2024 ($0.29 Mil) to Jun. 2024 ($0.00 Mil) but then increased from Jun. 2024 ($0.00 Mil) to Sep. 2024 ($0.01 Mil).

Soma Gold's annual construction in progress increased from Dec. 2021 ($4.84 Mil) to Dec. 2022 ($10.61 Mil) but then declined from Dec. 2022 ($10.61 Mil) to Dec. 2023 ($1.84 Mil).

Soma Gold Construction In Progress Historical Data

The historical data trend for Soma Gold'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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Soma Gold Construction In Progress Chart

Soma Gold Annual Data

Trend

Aug14

Aug15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.13

4.84

10.61

1.84

Soma Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															1.79	1.84	0.29	-	0.01

Soma Gold 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.

Soma Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Soma Gold Corp (OTCPK:SMAGF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

8PR1:Germany SOMA:Canada

Address

1050 West Pender Street, Suite 970, Vancouver, BC, CAN, V6E 3S7

Website

https://www.somagoldcorp.com

Soma Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. It operates El Bagre Gold Mining Complex. The El Bagre operations consist of a gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero mine development project. The Company produces dore which contains both gold and silver. The dore is further processed to produce refined metals.

Soma Gold Headlines

From GuruFocus

SOMA GOLD REPORTS SECOND-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS

By PRNewswire • 08-29-2024