Athena Gold (AHNRF) Research & Development (2010 - 2025)

Athena Gold (AHNRF) reported Research & Development of $165695.0 for Q3 2025, up 129.54% on a YoY basis from $72185.0 in Q3 2024, and down 34.47% quarter-over-quarter from $252863.0 in Q2 2025.

Athena Gold (AHNRF) Research & Development (2010 - 2025) Analysis & Trends

Athena Gold has reported Research & Development for 15 years, with the latest figure at $165695.0 in Q3 2025.

  • For the quarter ending Q3 2025, Research & Development rose 129.54% year-over-year to $165695.0; the trailing twelve-month figure through Sep 2025 stood at $542922.0 (up 125.18% YoY), and the FY2024 full-year result was $186764.0, down 46.81% from the prior year.
  • Research & Development for Q3 2025 stood at $165695.0, down from $252863.0 in the prior quarter.
  • The five-year high for Research & Development was $252863.0 in Q2 2025, with the low at $9367.0 in Q4 2021.
  • Historically, Research & Development has averaged $98310.9 across 5 years, with a median of $72185.0 in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development soared 1692.59% — and 2023, when it sank 91.29%.
  • Athena Gold's Research & Development stood at $9367.0 in 2021, then soared by 1692.59% to $167912.0 in 2022, then slumped by 85.64% to $24109.0 in 2023, then jumped by 116.43% to $52179.0 in 2024, then surged by 217.55% to $165695.0 in 2025.
  • The last three Research & Development figures came in at $165695.0 (Q3 2025), $252863.0 (Q2 2025), and $52179.0 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -856,087.48
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 4.62 Mn
4 Perpetua Resources 2.83 Bn 2.83 Bn - 53.10 Mn
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn -
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - -53,000.00
9 Solaris Resources 1.41 Bn 1.39 Bn - 810,000.00
10 Athena Gold - - - -

Historic Data

Download Data
DateValue
Sep 30, 2025 165,695.00
Jun 30, 2025 252,863.00
Dec 31, 2024 52,179.00
Sep 30, 2024 72,185.00
Jun 30, 2024 21,986.00
Dec 31, 2023 24,109.00
Sep 30, 2023 122,826.00
Jun 30, 2023 187,429.00
Mar 31, 2023 16,768.00
Dec 31, 2022 167,912.00
Sep 30, 2022 143,287.00
Jun 30, 2022 113,497.00
Mar 31, 2022 192,566.00
Dec 31, 2021 9,367.00
Sep 30, 2021 66,840.00
Jun 30, 2021 26,099.00
Mar 31, 2021 35,677.00
Dec 31, 2020 37,396.00
Sep 30, 2020 52,154.00
Mar 31, 2019 40,000.00