Collective Mining (CNL) Research & Development (2023 - 2026)
Collective Mining (CNL) posted quarterly Research & Development of -$9.1 million for Q1 2026, down 86.83% year-over-year from -$68.9 million in Q1 2025, and down 116.94% quarter-over-quarter from $53.6 million in Q4 2025.
Collective Mining (CNL) Research & Development (2023 - 2026) Analysis & Trends
Collective Mining's Research & Development history runs 4 years deep, the most recent figure standing at -$9.1 million for Q1 2026.
- In Q1 2026, Research & Development fell 86.83% year-over-year to -$9.1 million; the TTM figure through Mar 2026 stood at $28.3 million (up 65.87% YoY), while the FY2025 annual figure was $32.5 million, up 79.85% from the prior year.
- Research & Development for Q1 2026 stood at -$9.1 million, down from $53.6 million in the prior quarter.
- The five-year high for Research & Development was $53.6 million in Q4 2025, with the low at -$9.1 million in Q1 2026.
- The 4-year median for Research & Development is -$4.3 million (2023), against an average of $4.8 million.
- Peak annual rise in Research & Development reached 69.63% in 2025, while the deepest fall reached 95.42% in 2025.
- Collective Mining's Research & Development stood at $23.7 million in 2023, then surged by 33.25% to $31.6 million in 2024, then soared by 69.63% to $53.6 million in 2025, then slumped by 116.94% to -$9.1 million in 2026.
- Business Quant data shows CNL's Research & Development at -$9.1 million in Q1 2026, $53.6 million in Q4 2025, and -$8.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 61.53 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 134.00 Mn |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | -37.00 Mn |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | - |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | - |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | - |
| 10 | Collective Mining | 1.41 Bn | 1.28 Bn | - | -14.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.08 Mn |
| Dec 31, 2025 | 53.58 Mn |
| Sep 30, 2025 | -8.79 Mn |
| Jun 30, 2025 | -7.43 Mn |
| Mar 31, 2025 | -4.86 Mn |
| Dec 31, 2024 | 31.58 Mn |
| Sep 30, 2024 | -4.50 Mn |
| Jun 30, 2024 | -5.18 Mn |
| Mar 31, 2024 | -3.84 Mn |
| Dec 31, 2023 | 23.70 Mn |
| Sep 30, 2023 | -4.10 Mn |
| Jun 30, 2023 | -3.44 Mn |