Goldgroup Mining (GORO) Operating Expenses (2010 - 2026)
Goldgroup Mining (GORO) recorded quarterly Operating Expenses of $9.6 million in Q1 2026, down 25.5% on a QoQ basis from $12.9 million in Q4 2025, and up 51.32% YoY from $6.3 million in Q1 2025.
Goldgroup Mining (GORO) Operating Expenses (2010 - 2026) Analysis & Trends
Goldgroup Mining (GORO) has reported Operating Expenses for 17 consecutive years, with $9.6 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $9.6 million, up 51.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.1 million (up 39.04% YoY), and the FY2025 annual result was $29.8 million, up 11.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $9.6 million, down from $12.9 million in the prior quarter.
- The five-year high for Operating Expenses was $12.9 million in Q4 2025, with the low at $1.6 million in Q2 2022.
- A 5-year average of $6.9 million and a median of $7.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 59.31% in 2022 and soared 312.14% in 2023, its largest moves.
- Goldgroup Mining's Operating Expenses stood at $8.2 million in 2022, then slumped by 54.37% to $3.8 million in 2023, then jumped by 73.43% to $6.5 million in 2024, then jumped by 97.91% to $12.9 million in 2025, then declined by 25.5% to $9.6 million in 2026.
- The last three Operating Expenses figures came in at $9.6 million (Q1 2026), $12.9 million (Q4 2025), and $7.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.87 Bn | 13.38 Bn | 332.52 Mn | 188.15 Mn |
| 2 | Buenaventura Mining | 8.94 Bn | 7.93 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.89 Bn | 6.87 Bn | 88.25 Mn | 3.89 Mn |
| 4 | Perpetua Resources | 3.20 Bn | 3.20 Bn | - | 106.58 Mn |
| 5 | Solaris Resources | 1.44 Bn | 1.39 Bn | - | 3.91 Mn |
| 6 | Elemental Royalty | 1.42 Bn | 1.35 Bn | 15.71 Mn | -5.59 Mn |
| 7 | McEwen | 1.24 Bn | 1.14 Bn | 20.08 Mn | 12.38 Mn |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | -7.24 Mn |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | -1.43 Mn |
| 10 | Goldgroup Mining | 507.44 Mn | 476.42 Mn | 19.05 Mn | 9.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.59 Mn |
| Dec 31, 2025 | 12.88 Mn |
| Sep 30, 2025 | 7.34 Mn |
| Jun 30, 2025 | 5.30 Mn |
| Mar 31, 2025 | 6.34 Mn |
| Dec 31, 2024 | 6.51 Mn |
| Sep 30, 2024 | 5.18 Mn |
| Jun 30, 2024 | 7.23 Mn |
| Mar 31, 2024 | 5.40 Mn |
| Dec 31, 2023 | 3.75 Mn |
| Sep 30, 2023 | 7.45 Mn |
| Jun 30, 2023 | 6.45 Mn |
| Mar 31, 2023 | 7.15 Mn |
| Dec 31, 2022 | 8.22 Mn |
| Sep 30, 2022 | 7.77 Mn |
| Jun 30, 2022 | 1.57 Mn |
| Mar 31, 2022 | 9.95 Mn |
| Dec 31, 2021 | 7.44 Mn |
| Sep 30, 2021 | 4.36 Mn |
| Jun 30, 2021 | 3.85 Mn |