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Scorpio Gold (TSXV:SGN) Construction In Progress : C$0.00 Mil (As of Dec. 2023)


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What is Scorpio Gold Construction In Progress?

Scorpio Gold's annual construction in progress declined from Dec. 2021 (C$2.10 Mil) to Dec. 2022 (C$0.00 Mil) but then stayed the same from Dec. 2022 (C$0.00 Mil) to Dec. 2023 (C$0.00 Mil).

Scorpio Gold Construction In Progress Historical Data

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

Scorpio Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.23 2.10 - -

Scorpio Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Scorpio 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.

Scorpio Gold (TSXV:SGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Scorpio Gold Corp (TSXV:SGN) » Definitions » Construction In Progress
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Traded in Other Exchanges
SRCRF:USA RY9:Germany
Address
800 West Pender Street, Suite 910, Vancouver, BC, CAN, V6C 2V6
Website
https://www.scorpiogold.com
Scorpio Gold Corp is a company that is engaged in mineral exploitation, exploration, and development in the United States. It holds an interest in the Mineral Ridge gold project which is located in the northwest of the town of Silver Peak and west of Tonopah in Esmeralda County, Nevada. Its other project includes the Goldwedge property which is located north-northeast of the town of Tonopah within the Manhattan Mining District of south-central Nevada.
Executives
Michael Townsend Director