Glen Eagle Resources (TSXV:GER) Accumulated Depreciation : C$-1.20 Mil (As of Sep. 2023)

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What is Glen Eagle Resources Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Glen Eagle Resources's quarterly accumulated depreciation declined from Mar. 2023 (C$-1.25 Mil) to Jun. 2023 (C$-1.15 Mil) but then increased from Jun. 2023 (C$-1.15 Mil) to Sep. 2023 (C$-1.20 Mil).

Glen Eagle Resources's annual accumulated depreciation increased from Dec. 2020 (C$-0.76 Mil) to Dec. 2021 (C$-0.97 Mil) and increased from Dec. 2021 (C$-0.97 Mil) to Dec. 2022 (C$-1.22 Mil).

Glen Eagle Resources Accumulated Depreciation Historical Data

The historical data trend for Glen Eagle Resources's Accumulated Depreciation 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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Glen Eagle Resources Accumulated Depreciation Chart

Glen Eagle Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-0.33

-0.54

-0.76

-0.97

-1.22

Glen Eagle Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial															-1.19	-1.22	-1.25	-1.15	-1.20

Glen Eagle Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Glen Eagle Resources Accumulated Depreciation Related Terms

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Glen Eagle Resources (TSXV:GER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glen Eagle Resources Inc (TSXV:GER) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

GERFF:USA

Address

3650 F Boulevard Matte, Brossard, QC, CAN, J4Y 2Z2

Website

https://www.gleneagleresources.ca

Glen Eagle Resources Inc is a Canada-based company engaged in the acquisition, exploration and evaluation of mining properties. The company currently operates in two segments which are the acquisition, exploration, evaluation, and development of mineral properties, recovery of gold and silver from tailings and recovery of gold from rocks. The corporation's activities are conducted in Quebec (Canada), and Honduras. Its properties include Moose Lake in Canada; Project Cobra Oro 1, and Project Cobra Oro 2 in Honduras.

Executives

Guy Chamard

Director