Greenland Mines (GRMLW) Operating Expenses (2022 - 2026)
Greenland Mines' (GRMLW) quarterly Operating Expenses came in at $9.5 million in Q1 2026, up 346.54% year-on-year from $2.1 million in Q1 2025, and up 424.63% quarter-over-quarter from $1.8 million in Q4 2025.
Greenland Mines (GRMLW) Operating Expenses (2022 - 2026) Analysis & Trends
Greenland Mines has disclosed Operating Expenses across 5 years of filings, most recently posting $9.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $9.5 million, up 346.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.1 million (up 107.93% YoY), and the FY2025 annual result was $7.1 million, up 28.99% from the prior year.
- Operating Expenses came in at $9.5 million for Q1 2026 at Greenland Mines, up from $1.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $9.5 million in Q1 2026 to a low of $5010.0 in Q1 2022.
- The 5-year median for Operating Expenses is $395607.0 (2024), against an average of $1.4 million.
- Peak annual rise in Operating Expenses reached 5761.36% in 2023, while the deepest fall reached 43.31% in 2023.
- Greenland Mines' Operating Expenses stood at $195342.0 in 2022, then tumbled by 43.31% to $110733.0 in 2023, then jumped by 1572.18% to $1.9 million in 2024, then retreated by 2.08% to $1.8 million in 2025, then soared by 424.63% to $9.5 million in 2026.
- The last three Operating Expenses figures came in at $9.5 million (Q1 2026), $1.8 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -20.15 Mn |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 30.15 Mn |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 56.56 Mn |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | 3.56 Mn |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | 5.21 Mn |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 2.92 Mn |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 4.14 Mn |
| 10 | Greenland Mines | - | - | - | 9.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.51 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Jun 30, 2025 | 1.89 Mn |
| Mar 31, 2025 | 2.13 Mn |
| Dec 31, 2024 | 1.85 Mn |
| Sep 30, 2024 | 2.87 Mn |
| Jun 30, 2024 | 395,607.00 |
| Mar 31, 2024 | 672,045.00 |
| Dec 31, 2023 | 110,733.00 |
| Sep 30, 2023 | 123,737.00 |
| Jun 30, 2023 | 244,252.00 |
| Mar 31, 2023 | 293,654.00 |
| Dec 31, 2022 | 195,342.00 |
| Sep 30, 2022 | 140,426.00 |
| Jun 30, 2022 | 193,440.00 |
| Mar 31, 2022 | 5,010.00 |