Endeavour Silver (EXK) Research & Development (2011 - 2023)

Endeavour Silver (EXK) posted Research & Development of $2.4 million for Q4 2023, down 41.4% quarter-over-quarter from $4.2 million in Q3 2023, and down 52.84% on a YoY basis from $5.2 million in Q4 2022.

Endeavour Silver (EXK) Research & Development (2011 - 2023) Analysis & Trends

Endeavour Silver (EXK) has reported Research & Development for 5 consecutive years, with $2.4 million the latest figure, recorded in Q4 2023.

  • Quarterly Research & Development fell 52.84% year-over-year to $2.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $15.1 million (down 6.63% YoY) and the FY2025 annual result came in at $23.4 million, up 20.62% from the prior year.
  • Research & Development came in at $2.4 million for Q4 2023 at Endeavour Silver, down from $4.2 million in the prior quarter.
  • The five-year high for Research & Development was $5.2 million in Q4 2022, with the low at $1.7 million in Q2 2020.
  • A 4-year average of $3.7 million and a median of $4.1 million in 2020 frame the typical range for Research & Development.
  • Year-over-year, Research & Development soared 201.8% in 2021 and sank 52.84% in 2023.
  • Tracing EXK's Research & Development over 4 years: stood at $4.0 million in 2020, then increased by 1.76% to $4.1 million in 2021, then advanced by 25.62% to $5.2 million in 2022, then plunged by 52.84% to $2.4 million in 2023.
  • Per Business Quant data, the three most recent Research & Development figures were $2.4 million in Q4 2023, $4.2 million in Q3 2023, and $4.4 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Majestic Silver 8.16 Bn 7.60 Bn 237.81 Mn -
2 Endeavour Silver 2.36 Bn 2.12 Bn 93.50 Mn -
3 Silvercorp Metals 2.21 Bn 1.95 Bn 99.96 Bn -
4 New Pacific Metals 738.90 Mn 698.64 Mn - -
5 Highlander Silver 686.31 Mn 583.11 Mn 74,000.00 -1.95 Mn
6 Bunker Hill Mining 147.77 Mn 147.77 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 2.44 Mn
Sep 30, 2023 4.16 Mn
Jun 30, 2023 4.36 Mn
Mar 31, 2023 4.16 Mn
Dec 31, 2022 5.16 Mn
Sep 30, 2022 4.02 Mn
Jun 30, 2022 3.78 Mn
Mar 31, 2022 3.22 Mn
Dec 31, 2021 4.11 Mn
Sep 30, 2021 4.66 Mn
Jun 30, 2021 5.03 Mn
Mar 31, 2021 4.13 Mn
Dec 31, 2020 4.04 Mn
Sep 30, 2020 1.67 Mn
Jun 30, 2020 1.67 Mn
Mar 31, 2020 2.38 Mn
Mar 31, 2019 241,000.00
Dec 31, 2018 240,000.00
Sep 30, 2018 220,000.00
Jun 30, 2018 251,000.00