Sierra Metals (TSX:SMT) Construction In Progress : C$106.8 Mil (As of Mar. 2024)

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What is Sierra Metals Construction In Progress?

Sierra Metals's quarterly construction in progress declined from Sep. 2023 (C$116.1 Mil) to Dec. 2023 (C$100.5 Mil) but then increased from Dec. 2023 (C$100.5 Mil) to Mar. 2024 (C$106.8 Mil).

Sierra Metals's annual construction in progress increased from Dec. 2021 (C$91.9 Mil) to Dec. 2022 (C$102.8 Mil) but then declined from Dec. 2022 (C$102.8 Mil) to Dec. 2023 (C$100.5 Mil).

Sierra Metals Construction In Progress Historical Data

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

Sierra Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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66.05

67.20

91.87

102.80

100.45

Sierra Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															90.99	97.38	116.13	100.45	106.79

Sierra 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.

Sierra Metals (TSX:SMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sierra Metals Inc (TSX:SMT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SMTSF:USA DFXN:Germany

Address

77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1

Website

https://www.sierrametals.com

Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.

Executives

J. Alberto Arias

Director or Senior Officer of 10% Security Holder

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