Fortuna Mining (FSM) Research & Development (2010 - 2023)
Fortuna Mining's (FSM) quarterly Research & Development came in at $547000.0 in Q2 2023, up 13.72% YoY from $481000.0 in Q2 2022, and up 1202.38% on a QoQ basis from $42000.0 in Q1 2023.
Fortuna Mining (FSM) Research & Development (2010 - 2023) Analysis & Trends
Fortuna Mining (FSM) has 13 years of Research & Development data on file, last reported at $547000.0 in Q2 2023.
- Quarterly Research & Development rose 13.72% year-over-year to $547000.0 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $831000.0 (down 47.64% YoY) and the FY2022 annual result came in at $1.2 million, up 21.05% from the prior year.
- Research & Development improved to $547000.0 in Q2 2023, from $42000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.5 million in Q3 2019 to a low of $42000.0 in Q1 2023.
- A 5-year average of $378411.8 and a median of $329000.0 in 2019 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2019 — Research & Development soared 674.09% — and 2023, when it plunged 91.63%.
- Tracing FSM's Research & Development over 5 years: stood at $402000.0 in 2019, then jumped by 37.56% to $553000.0 in 2020, then fell by 26.22% to $408000.0 in 2021, then slumped by 40.69% to $242000.0 in 2022, then surged by 126.03% to $547000.0 in 2023.
- The last three Research & Development figures came in at $547000.0 (Q2 2023), $42000.0 (Q1 2023), and $242000.0 (Q4 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 139.67 Bn | 130.67 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Agnico Eagle Mines | 108.38 Bn | 104.92 Bn | 2.43 Bn | 61.53 Mn |
| 3 | Barrick Mining | 79.23 Bn | 73.30 Bn | 2.90 Bn | 134.00 Mn |
| 4 | Wheaton Precious Metals | 71.41 Bn | 71.31 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.34 Bn | 58.51 Bn | 1.70 Bn | -37.00 Mn |
| 6 | Gold Fields | 42.66 Bn | 40.88 Bn | - | - |
| 7 | Pan American Silver | 22.23 Bn | 20.67 Bn | 457,000.00 | - |
| 8 | Royal Gold | 21.90 Bn | 21.71 Bn | 390.45 Mn | - |
| 9 | Coeur Mining | 21.81 Bn | 20.76 Bn | 535.85 Mn | - |
| 10 | Fortuna Mining | 3.65 Bn | 3.04 Bn | 183.46 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 |
| Dec 31, 2019 | 402,000.00 |
| Sep 30, 2019 | 1.49 Mn |
| 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 |