Geomega Resources (TSXV:GMA) Current Deferred Revenue : C$1.27 Mil (As of May. 2024)

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What is Geomega Resources Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Geomega Resources's current deferred revenue for the quarter that ended in May. 2024 was C$1.27 Mil.

Geomega Resources Current Deferred Revenue Historical Data

The historical data trend for Geomega Resources's Current Deferred Revenue 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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Geomega Resources Current Deferred Revenue Chart

Geomega Resources Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Current Deferred Revenue

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0.10

1.02

1.27

Geomega Resources Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Current Deferred Revenue	Get a 7-Day Free Trial															1.02	0.86	0.63	1.19	1.27

Geomega Resources Current Deferred Revenue Related Terms

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Geomega Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geomega Resources Inc (TSXV:GMA) » Definitions » Current Deferred Revenue

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GOMRF:USA

Address

75 Boulevard de Mortagne, Boucherville, QC, CAN, J4B 6Y4

Website

https://www.ressourcesgeomega.ca

Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.

Executives

Mathieu Bourdeau

Senior Officer