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| Date | Value |
|---|---|
| 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 |