Fortuna Mining (FSM) Research & Development (2011 - 2023)
Fortuna Mining (FSM) posted Research & Development of $547000.0 for Q2 2023, up 1202.38% quarter-over-quarter from $42000.0 in Q1 2023, and up 13.72% year-on-year from $481000.0 in Q2 2022.
Fortuna Mining (FSM) Research & Development (2011 - 2023) Analysis & Trends
Fortuna Mining (FSM) has reported Research & Development for 12 consecutive years, with $547000.0 the latest figure, recorded in Q2 2023.
- Research & Development for Q2 2023 came in at $547000.0, up 13.72% year-over-year; the trailing twelve-month figure through Jun 2023 was $831000.0 (down 47.64% YoY), and the FY2022 annual result was $1.2 million, up 21.05% from the prior year.
- Research & Development was $547000.0 for Q2 2023 at Fortuna Mining, up from $42000.0 in the prior quarter.
- Over five years, Research & Development peaked at $553000.0 in Q4 2020 and troughed at $42000.0 in Q1 2023.
- Average Research & Development over 5 years is $302466.7, with a median of $242000.0 recorded in 2022.
- Year-over-year, Research & Development soared 169.57% in 2019 and slumped 91.63% in 2023.
- Over 5 years, Research & Development stood at $329000.0 in 2019, then surged by 68.09% to $553000.0 in 2020, then slipped by 26.22% to $408000.0 in 2021, then sank by 40.69% to $242000.0 in 2022, then surged by 126.03% to $547000.0 in 2023.
- Per Business Quant data, the three most recent Research & Development figures were $547000.0 in Q2 2023, $42000.0 in Q1 2023, and $242000.0 in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 Mn |
| 10 | Fortuna Mining | 2.55 Bn | 1.95 Bn | 211.84 Mn | - |
Historic Data
Download 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 |
| Jun 30, 2019 | 329,000.00 |
| Mar 31, 2019 | 186,000.00 |
| Dec 31, 2018 | 177,000.00 |
| Sep 30, 2018 | 193,000.00 |
| Jun 30, 2018 | 284,000.00 |
| Mar 31, 2018 | 69,000.00 |
| Dec 31, 2017 | 1.34 Mn |