Fortuna Mining (FSM) Research & Development (2010 - 2023)
Fortuna Mining (FSM) reported Research & Development of $547,000 for the quarter ended Jun 30, 2023, up 13.7% from $481,000 a year earlier.
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Analysis
Fortuna Mining (FSM) Research & Development (2010 - 2023) Analysis & Trends
Over the twelve months ended Jun 30, 2023, Fortuna Mining's Research & Development came in at $831,000, down 47.6% year-over-year; for the year ended Dec 31, 2022, it was $1.23 million, up 21.0% from the prior year.
- Research & Development has a five-year compound annual growth rate of -4.4% (years ended Dec 2017 to Dec 2022).
- By year, Research & Development came in at $1.01 million in the year ended Dec 31, 2021 (-15.4%), $1.2 million in the year ended Dec 31, 2020 (-50.4%), $2.41 million in the year ended Dec 31, 2019 (+233.5%) and $723,000 in the year ended Dec 31, 2018 (-52.9%).
- The figure for the quarter ended Jun 30, 2023 ranks as the highest quarterly Research & Development since the quarter ended Dec 31, 2020.
- Year over year, Research & Development gained in four of the last seven quarters, with growth averaging 25.3%.
- The high point for year-over-year Research & Development in five years was the quarter ended Sep 30, 2019 (growth of 674.1%); the low point was the quarter ended Mar 31, 2023 (a decline of 91.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Fortuna Mining | 3.43 Bn | 1.22 Bn | 183.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 547,000.00 |
| Mar 31, 2023 | 42,000.00 |
| Dec 31, 2022 | 242,000.00 |
| Jun 30, 2022 | 481,000.00 |
| Mar 31, 2022 | 502,000.00 |
| Dec 31, 2021 | 408,000.00 |
| Sep 30, 2021 | 196,000.00 |
| Jun 30, 2021 | 196,000.00 |
| Mar 31, 2021 | 212,000.00 |
| Dec 31, 2020 | 553,000.00 |
| Sep 30, 2020 | 140,000.00 |
| Jun 30, 2020 | 126,000.00 |
| Mar 31, 2020 | 377,000.00 |
| Dec 31, 2019 | 400,000.00 |
| Sep 30, 2019 | 1.49 Mn |
| Jun 30, 2019 | 329,000.00 |
| Mar 31, 2019 | 186,000.00 |
| Dec 31, 2018 | 200,000.00 |
| Sep 30, 2018 | 193,000.00 |
| Jun 30, 2018 | 284,000.00 |
API Access
Fortuna Mining 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=FSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FSM", "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=FSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();