GoldMining (GLDG) Research & Development (2019 - 2026)
GoldMining (GLDG) recorded Research & Development of $8.13 million in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 196.3% from $2.74 million a year earlier and up 254.5% from the prior quarter.
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Analysis
GoldMining (GLDG) Research & Development (2019 - 2026) Analysis & Trends
On a TTM basis, GoldMining's Research & Development came in at $13.94 million as of Aug 31, 2026, up 120.7% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $6.16 million, down 19.7% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 37.8% (FY2020 to FY2025).
- Across earlier fiscal years, Research & Development came in at $7.68 million in FY2024 (+19.1%), $6.45 million in FY2023 (+167.8%), $2.41 million in FY2022 (+25.1%) and $1.93 million in FY2021 (+54.9%).
- The fiscal Q3 2026 figure is the highest quarterly Research & Development in data going back to fiscal Q3 2019.
- On a year-over-year basis, Research & Development has increased for three consecutive quarters, with growth averaging 63.5% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 425.2% in fiscal Q4 2023, against a decline of 30.2% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.29 million (Q2 2026), $1.15 million (Q1 2026) and $2.37 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | GoldMining | 157.15 Mn | 6.98 Mn | - | 8.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 8.13 Mn |
| May 31, 2026 | 2.29 Mn |
| Feb 28, 2026 | 1.15 Mn |
| Nov 30, 2025 | 2.37 Mn |
| Aug 31, 2025 | 2.74 Mn |
| May 31, 2025 | 738,069.55 |
| Feb 28, 2025 | 371,298.75 |
| Nov 30, 2024 | 2.46 Mn |
| Aug 31, 2024 | 3.76 Mn |
| May 31, 2024 | 893,237.38 |
| Feb 29, 2024 | 531,889.98 |
| Nov 30, 2023 | 3.50 Mn |
| Aug 31, 2023 | 1.97 Mn |
| May 31, 2023 | 516,151.56 |
| Feb 28, 2023 | 444,237.74 |
| Nov 30, 2022 | 667,092.86 |
| Aug 31, 2022 | 889,889.68 |
| May 31, 2022 | 568,891.17 |
| Feb 28, 2022 | 272,880.56 |
| Nov 30, 2021 | 787,561.17 |
API Access
GoldMining 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=GLDG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "GLDG", "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=GLDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();