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Minto Metals (TSXV:MNTO) Construction In Progress : C$8.2 Mil (As of Dec. 2022)


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What is Minto Metals Construction In Progress?

Minto Metals's quarterly construction in progress increased from Jun. 2022 (C$8.2 Mil) to Sep. 2022 (C$8.2 Mil) and increased from Sep. 2022 (C$8.2 Mil) to Dec. 2022 (C$8.2 Mil).

Minto Metals's annual construction in progress increased from Dec. 2020 (C$7.9 Mil) to Dec. 2021 (C$8.2 Mil) and increased from Dec. 2021 (C$8.2 Mil) to Dec. 2022 (C$8.2 Mil).

Minto Metals Construction In Progress Historical Data

The historical data trend for Minto 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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Minto Metals Construction In Progress Chart

Minto Metals Annual Data
Trend Dec20 Dec21 Dec22
Construction In Progress
7.88 8.16 8.22

Minto Metals Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Construction In Progress Get a 7-Day Free Trial Premium Member Only 8.16 8.18 8.19 8.22 8.22

Minto 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.

Minto Metals (TSXV:MNTO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minto Metals Corp (TSXV:MNTO) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
61 Wasson Place, Whitehorse, YT, CAN, Y1A 0H7
Website
https://www.mintometals.com
Minto Metals Corp operates in the mining industry. The company's current mine operations are based on underground mining, a process plant to produce high-grade copper, gold and silver concentrate. The group is performing its mining and milling activities from the Copper Keel ore body. It has one segment for reporting which is the operations at the Company's Canadian Mine location.

Minto Metals (TSXV:MNTO) Headlines

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