Amarc Resources (AXREF) Research & Development (2009 - 2026)
Amarc Resources' Research & Development was $216,061 in the quarter ended Jun 30, 2026, down 95.4% from $4.74 million a year earlier.
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Analysis
Amarc Resources (AXREF) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Amarc Resources' Research & Development was -$13.02 billion through Jun 30, 2026; for the year ended Mar 31, 2026, it came in at $13.88 million, down 14.5% from the prior year.
- Research & Development shows a five-year compound annual growth rate of 67.4% (years ended Mar 2021 to Mar 2026).
- In earlier years, Research & Development was $16.24 million in the year ended Mar 31, 2025 (+76.1%), $9.22 million in the year ended Mar 31, 2024 (-17.4%), $11.17 million in the year ended Mar 31, 2023 (+159.8%) and $4.3 million in the year ended Mar 31, 2022 (+306.7%).
- Quarterly Research & Development has moved between -$14.42 billion (the quarter ended Mar 31, 2025) and $3.75 billion (the quarter ended Dec 31, 2024) over five years.
- Compared with a year earlier, Research & Development was higher in two of the last five quarters, with an average decline of 33.5%.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Mar 31, 2023 (growth of 862.0%); the worst was the quarter ended Jun 30, 2025 (a decline of 99.9%).
- Per Business Quant data, AXREF's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was -$13.61 billion (quarter ended Mar 31, 2026), $581.96 million (quarter ended Dec 31, 2025) and $8.22 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | Amarc Resources | 152.95 Mn | 142.96 Mn | - | -216,060.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -216,060.68 |
| Mar 31, 2026 | 358,444.70 |
| Dec 31, 2025 | 581,958.54 |
| Sep 30, 2025 | 8.22 Mn |
| Jun 30, 2025 | -4.74 Mn |
| Mar 31, 2025 | 1.29 Mn |
| Dec 31, 2024 | 3.75 Mn |
| Sep 30, 2024 | 7.87 Mn |
| Jun 30, 2024 | 3.47 Mn |
| Mar 31, 2024 | -6.80 Bn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 3.79 Mn |
| Jun 30, 2023 | 1.78 Bn |
| Mar 31, 2023 | 2.99 Mn |
| Dec 31, 2022 | 1.56 Mn |
| Sep 30, 2022 | 5.20 Mn |
| Jun 30, 2022 | 1.42 Mn |
| Mar 31, 2022 | 310,443.04 |
| Dec 31, 2021 | 960,031.07 |
| Sep 30, 2021 | 2.37 Mn |
API Access
Amarc Resources Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AXREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AXREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AXREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();