Metalore Resources (TSXV:MET) Construction In Progress: C$0.00 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:MET Metalore Resources Ltd TSXV:MET
64 GF Score
Price C$2.31
GF Value C$3.82
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metalore Resources Construction In Progress?

Metalore Resources TSXV:MET 64 Construction In Progress is C$0.00 Mil as of Mar. 2026. GuruFocus rates TSXV:MET with a GF Score™ of 64/100 and a GF Value™ of C$3.82 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Metalore Resources Construction In Progress Historical Data

* Premium members only.

The historical data trend for Metalore 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.

Metalore Resources Construction In Progress Chart

Metalore Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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

Metalore Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00
TSXV:MET
64GF Score
Metalore Resources Ltd TSXV:MET
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalore 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 C$0.00 Mil mean?
Metalore Resources (TSXV:MET) has a Construction In Progress of C$0.00 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Metalore Resources and its competitors.
Is Metalore Resources' Construction In Progress too high?
Metalore Resources' current Construction In Progress is C$0.00 Mil. Overall, Metalore Resources has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Construction In Progress compare to ALTX and CRCE?
Metalore Resources' Construction In Progress of C$0.00 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Metalore Resources and its competitors. Metalore Resources's current Construction In Progress is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.82, compared to a current price of C$2.31 — trading 39.5% below its estimated fair value. The current Construction In Progress is C$0.00 Mil. Metalore Resources' overall GF Score™ is 64/100 with 2 warning signs to review. 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 Metalore Resources (TSXV:MET), the current Construction In Progress is C$0.00 Mil as of Mar. 2026. 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.

Is Metalore Resources (TSXV:MET) Overvalued in 2026?

Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued. The current stock price of C$2.31 is trading 39.5% below its estimated GF Value™ of C$3.82. GuruFocus considers Metalore Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MET:

  • Construction In Progress: C$0.00 Mil
  • GF Value™: C$3.82 vs. price of C$2.31 (39.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the TSXV:MET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Metalore Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MTLRF:USA
Address 124 Norfolk Street North, Suite 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
64GF Score

Get the complete analysis for TSXV:MET

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.31
Price
C$3.82
GF Value