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Asante Gold (XGHA:ASG) Construction In Progress : GHS210 Mil (As of Apr. 2024)


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What is Asante Gold Construction In Progress?

Asante Gold's quarterly construction in progress declined from Oct. 2023 (GHS264 Mil) to Jan. 2024 (GHS161 Mil) but then increased from Jan. 2024 (GHS161 Mil) to Apr. 2024 (GHS210 Mil).

Asante Gold's annual construction in progress increased from Jan. 2022 (GHS0 Mil) to Jan. 2023 (GHS73 Mil) and increased from Jan. 2023 (GHS73 Mil) to Jan. 2024 (GHS161 Mil).

Asante Gold Construction In Progress Historical Data

The historical data trend for Asante 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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Asante Gold Construction In Progress Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 72.94 161.16

Asante Gold Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 168.85 192.72 263.68 161.16 210.40

Asante 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.

Asante Gold (XGHA:ASG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asante Gold Corp (XGHA:ASG) » Definitions » Construction In Progress
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Traded in Other Exchanges
ASGOF:USA 1A9:Germany ASE:Canada
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Website
https://www.asantegold.com
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.