Gold Resource (GORO) Research & Development (2010 - 2019)
Gold Resource (GORO) reported Research & Development of $1.4 million for Q1 2019, up 22.36% year-over-year from $1.2 million in Q1 2018, and up 50.57% quarter-over-quarter from $963000.0 in Q4 2018.
Gold Resource (GORO) Research & Development (2010 - 2019) Analysis & Trends
Gold Resource (GORO) has 10 years of Research & Development data on file, last reported at $1.4 million in Q1 2019.
- Research & Development for Q1 2019 came in at $1.4 million, up 22.36% year-over-year; the trailing twelve-month figure through Mar 2019 was $5.0 million (up 5.43% YoY), and the FY2018 annual result was $4.7 million, up 8.14% from the prior year.
- Research & Development climbed to $1.4 million in Q1 2019 per GORO's latest filing, from $963000.0 in the prior quarter.
- Over five years, Research & Development peaked at $2.9 million in Q2 2015 and troughed at $504000.0 in Q1 2016.
- A 5-year average of $1.3 million and a median of $1.2 million in 2018 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 211.58% in 2016 and fell as far as 77.82% in 2016.
- A 5-year view of Research & Development shows it stood at $734000.0 in 2015, then soared by 211.58% to $2.3 million in 2016, then plunged by 59.16% to $934000.0 in 2017, then grew by 3.1% to $963000.0 in 2018, then surged by 50.57% to $1.4 million in 2019.
- Business Quant data shows GORO's Research & Development at $1.4 million in Q1 2019, $963000.0 in Q4 2018, and $1.3 million in Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -856,087.48 |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 4.62 Mn |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 53.10 Mn |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | -53,000.00 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 810,000.00 |
| 10 | Gold Resource | - | - | 19.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 1.45 Mn |
| Dec 31, 2018 | 963,000.00 |
| Sep 30, 2018 | 1.30 Mn |
| Jun 30, 2018 | 1.25 Mn |
| Mar 31, 2018 | 1.19 Mn |
| Dec 31, 2017 | 934,000.00 |
| Sep 30, 2017 | 1.46 Mn |
| Jun 30, 2017 | 1.14 Mn |
| Mar 31, 2017 | 822,000.00 |
| Dec 31, 2016 | 2.29 Mn |
| Sep 30, 2016 | 881,000.00 |
| Jun 30, 2016 | 642,000.00 |
| Mar 31, 2016 | 504,000.00 |
| Dec 31, 2015 | 734,000.00 |
| Sep 30, 2015 | 1.81 Mn |
| Jun 30, 2015 | 2.89 Mn |
| Mar 31, 2015 | 1.71 Mn |
| Dec 31, 2014 | 1.16 Mn |
| Sep 30, 2014 | 2.90 Mn |
| Jun 30, 2014 | 1.60 Mn |