Mayfair Gold (MINE) Research & Development (2024 - 2026)
Mayfair Gold (MINE) posted quarterly Research & Development of $3.8 million for Q1 2026, up 358.98% year-over-year from $836454.5 in Q1 2025, and up 68.7% on a QoQ basis from $2.3 million in Q4 2025.
Mayfair Gold (MINE) Research & Development (2024 - 2026) Analysis & Trends
Mayfair Gold (MINE) has reported Research & Development for 3 consecutive years, with $3.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 358.98% year-over-year to $3.8 million; the TTM figure through Mar 2026 stood at $8.1 million (changed N/A YoY), while the FY2025 annual figure was $5.2 million, down 14.74% from the prior year.
- Research & Development came in at $3.8 million for Q1 2026 at Mayfair Gold, up from $2.3 million in the prior quarter.
- The five-year high for Research & Development was $3.8 million in Q1 2026, with the low at $836454.5 in Q1 2025.
- Average Research & Development over 3 years is $2.0 million, with a median of $1.7 million recorded in 2024.
- Across the five-year window, Research & Development surged 90.01% in 2025 and surged 358.98% in 2026, its largest moves.
- Year by year, Research & Development stood at $1.2 million in 2024, then surged by 90.01% to $2.3 million in 2025, then jumped by 68.7% to $3.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.8 million, $2.3 million, and $836454.5 for Q1 2026, Q4 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 Mn |
| 10 | Mayfair Gold | - | - | - | 3.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.84 Mn |
| Dec 31, 2025 | 2.28 Mn |
| Mar 31, 2025 | 836,454.49 |
| Dec 31, 2024 | 1.20 Mn |