Athena Gold (AHNRF) Research & Development (2010 - 2025)
Athena Gold's (AHNRF) quarterly Research & Development came in at $165695.0 in Q3 2025, up 129.54% YoY from $72185.0 in Q3 2024, and down 34.47% on a QoQ basis from $252863.0 in Q2 2025.
Athena Gold (AHNRF) Research & Development (2010 - 2025) Analysis & Trends
Athena Gold (AHNRF) has 15 years of Research & Development data on file, last reported at $165695.0 in Q3 2025.
- Quarterly Research & Development rose 129.54% year-over-year to $165695.0 in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $524114.0 (up 230.27% YoY) and the FY2024 annual result came in at $186764.0, down 46.81% from the prior year.
- Research & Development fell to $165695.0 in Q3 2025, from $252863.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $252863.0 in Q2 2025 to a low of $9367.0 in Q4 2021.
- A 5-year average of $92898.7 and a median of $66840.0 in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 1692.59% — and 2023, when it sank 91.29%.
- Tracing AHNRF's Research & Development over 5 years: 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 $53377.0 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 11.68 Mn |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 93,000.00 |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | 103.92 Mn |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | 1.20 Mn |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | - |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | 11.40 Mn |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | - |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | - |
| 10 | Athena Gold | 6.86 Mn | 4.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 165,695.00 |
| Jun 30, 2025 | 252,863.00 |
| Mar 31, 2025 | 53,377.00 |
| Dec 31, 2024 | 52,179.00 |
| Sep 30, 2024 | 72,185.00 |
| Jun 30, 2024 | 21,986.00 |
| Mar 31, 2024 | 40,414.00 |
| 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 |