Goldgroup Mining (GORO) Research & Development (2010 - 2019)
Goldgroup Mining (GORO) recorded quarterly Research & Development of $1.4 million in Q1 2019, up 50.57% on a QoQ basis from $963000.0 in Q4 2018, and up 22.36% YoY from $1.2 million in Q1 2018.
Goldgroup Mining (GORO) Research & Development (2010 - 2019) Analysis & Trends
Goldgroup Mining (GORO) has reported Research & Development for 10 consecutive years, with $1.4 million the latest figure, recorded 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 for Q1 2019 stood at $1.4 million, up from $963000.0 in the prior quarter.
- The five-year high for Research & Development was $2.9 million in Q2 2015, with the low 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.
- The widest YoY moves for Research & Development: up 211.58% in 2016, down 77.82% in 2016.
- Goldgroup Mining's Research & Development 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.
- The last three Research & Development figures came in at $1.4 million (Q1 2019), $963000.0 (Q4 2018), and $1.3 million (Q3 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 11.68 Mn |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 93,000.00 |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | 103.92 Mn |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | 1.20 Mn |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | - |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | 11.40 Mn |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | - |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | - |
| 10 | Goldgroup Mining | 516.34 Mn | 485.32 Mn | 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 |