G Mining Ventures (TSX:GMIN) Construction In Progress : C$483.55 Mil (As of Mar. 2024)

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What is G Mining Ventures Construction In Progress?

G Mining Ventures's quarterly construction in progress increased from Sep. 2023 (C$356.92 Mil) to Dec. 2023 (C$427.55 Mil) and increased from Dec. 2023 (C$427.55 Mil) to Mar. 2024 (C$483.55 Mil).

G Mining Ventures's annual construction in progress increased from Oct. 2020 (C$0.00 Mil) to Dec. 2022 (C$101.19 Mil) and increased from Dec. 2022 (C$101.19 Mil) to Dec. 2023 (C$427.55 Mil).

G Mining Ventures Construction In Progress Historical Data

The historical data trend for G Mining Ventures'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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G Mining Ventures Construction In Progress Chart

G Mining Ventures Annual Data

Trend

Oct18

Oct19

Oct20

Dec22

Dec23

Construction In Progress

101.19

427.55

G Mining Ventures Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															181.44	250.79	356.92	427.55	483.55

G Mining Ventures 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.

G Mining Ventures (TSX:GMIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G Mining Ventures Corp (TSX:GMIN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GMINF:USA 0WQ0:Germany

Address

7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2

Website

https://www.gminingventures.com

G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.

Executives

Julie-anais Debreil

Senior Officer

G Mining Ventures (TSX:GMIN) Headlines

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