Athena Gold (AHNRF) Operating Expenses (2010 - 2025)
Athena Gold's (AHNRF) quarterly Operating Expenses came in at $252883.0 in Q4 2025, up 31.15% on a YoY basis from $192824.0 in Q4 2024, and down 7.59% quarter-over-quarter from $273650.0 in Q3 2025.
Analysis
Athena Gold (AHNRF) Operating Expenses (2010 - 2025) Analysis & Trends
Athena Gold (AHNRF) has reported Operating Expenses for 16 consecutive years, with $252883.0 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 31.15% year-over-year to $252883.0; the trailing twelve-month figure through Dec 2025 stood at $1.2 million (up 126.83% YoY), and the FY2025 full-year result was $1.3 million, up 115.04% from the prior year.
- Operating Expenses declined to $252883.0 in Q4 2025 per AHNRF's latest filing, from $273650.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $526038.0 in Q2 2025 and bottomed at $97799.0 in Q2 2024.
- Historically, Operating Expenses has averaged $240639.8 across 5 years, with a median of $210682.5 in 2022.
- The sharpest annual moves came in 2021 and 2023: Operating Expenses soared 626.63% in 2021, then tumbled 75.39% in 2023.
- Over 5 years, Operating Expenses stood at $169464.0 in 2021, then jumped by 154.02% to $430468.0 in 2022, then sank by 75.39% to $105932.0 in 2023, then soared by 82.03% to $192824.0 in 2024, then jumped by 31.15% to $252883.0 in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $252883.0, $273650.0, and $526038.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 165.00 Mn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 18.20 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | -29.60 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 47.90 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 341.60 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | -139.73 Mn |
| 10 | Athena Gold | 5.88 Mn | 871,846.60 | - | 252,883.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 252,883.00 |
| Sep 30, 2025 | 273,650.00 |
| Jun 30, 2025 | 526,038.00 |
| Dec 31, 2024 | 192,824.00 |
| Sep 30, 2024 | 152,496.00 |
| Jun 30, 2024 | 97,799.00 |
| Dec 31, 2023 | 105,932.00 |
| Sep 30, 2023 | 212,006.00 |
| Jun 30, 2023 | 308,422.00 |
| Mar 31, 2023 | 157,232.00 |
| Dec 31, 2022 | 430,468.00 |
| Sep 30, 2022 | 329,793.00 |
| Jun 30, 2022 | 209,359.00 |
| Mar 31, 2022 | 330,154.00 |
| Dec 31, 2021 | 169,464.00 |
| Sep 30, 2021 | 190,274.00 |
| Jun 30, 2021 | 142,943.00 |
| Mar 31, 2021 | 249,780.00 |
| Dec 31, 2020 | 107,239.00 |
| Sep 30, 2020 | 104,931.00 |