Cornish Metals (TSXV:CUSN) Construction In Progress : C$0.00 Mil (As of Oct. 2023)

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What is Cornish Metals Construction In Progress?

Cornish Metals's quarterly construction in progress increased from Apr. 2023 (C$9.90 Mil) to Jul. 2023 (C$13.98 Mil) but then declined from Jul. 2023 (C$13.98 Mil) to Oct. 2023 (C$0.00 Mil).

Cornish Metals's annual construction in progress increased from Jan. 2020 (C$4.05 Mil) to Jan. 2021 (C$4.46 Mil) and increased from Jan. 2021 (C$4.46 Mil) to Jan. 2022 (C$4.50 Mil).

Cornish Metals Construction In Progress Historical Data

The historical data trend for Cornish Metals'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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Cornish Metals Construction In Progress Chart

Cornish Metals Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Construction In Progress

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0.56

3.24

4.05

4.46

4.50

Cornish Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Construction In Progress	Get a 7-Day Free Trial															5.07	6.95	9.90	13.98	-

Cornish Metals 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.

Cornish Metals (TSXV:CUSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (TSXV:CUSN) » Definitions » Construction In Progress

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Traded in Other Exchanges

SBWFF:USA CUSN:UK ZYR1:Germany

Address

789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2

Website

https://www.cornishmetals.com

Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

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