Mayfair Gold (MINE) Research & Development (2024 - 2026)
Mayfair Gold (MINE) posted Research & Development of $3.4 million for Q2 2026, down 11.5% on a QoQ basis from $3.8 million in Q1 2026, and up 245.41% year-over-year from $983702.8 in Q2 2025.
Analysis
Mayfair Gold (MINE) Research & Development (2024 - 2026) Analysis & Trends
Mayfair Gold has reported Research & Development for 3 years, with the latest figure at $3.4 million in Q2 2026.
- On a quarterly basis, Research & Development rose 245.41% year-over-year to $3.4 million in Q2 2026; TTM through Jun 2026 was $10.5 million, a N/A change from a year earlier, with the FY2025 full-year figure at $5.2 million, down 14.74% from the prior year.
- Research & Development was $3.4 million for Q2 2026 at Mayfair Gold, down from $3.8 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 $2.1 million, with a median of $1.7 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Research & Development soared 90.01% in 2025, then soared 358.98% in 2026.
- Over 3 years, Research & Development stood at $1.2 million in 2024, then soared by 90.01% to $2.3 million in 2025, then jumped by 49.31% to $3.4 million in 2026.
- The last three Research & Development figures came in at $3.4 million (Q2 2026), $3.8 million (Q1 2026), and $2.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Barrick Mining | 74.96 Bn | 78.57 Bn | 2.90 Bn | 134.00 Mn |
| 3 | AngloGold Ashanti | 55.10 Bn | 53.93 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.53 Bn | 14.85 Bn | 587.30 Mn | 8.00 Mn |
| 5 | Iamgold | 12.11 Bn | 11.65 Bn | 415.10 Mn | -7.80 Mn |
| 6 | Buenaventura Mining | 8.61 Bn | 7.86 Bn | - | - |
| 7 | Eldorado Gold | 8.54 Bn | 7.99 Bn | 302.67 Mn | 14.98 Mn |
| 8 | Equinox Gold | 8.07 Bn | 8.23 Bn | 428.20 Mn | -9.84 Mn |
| 9 | B2Gold | 7.49 Bn | 7.53 Bn | 308.29 Mn | - |
| 10 | Mayfair Gold | 211.97 Mn | 195.41 Mn | - | 3.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.40 Mn |
| Mar 31, 2026 | 3.84 Mn |
| Dec 31, 2025 | 2.28 Mn |
| Jun 30, 2025 | 983,702.80 |
| Mar 31, 2025 | 836,454.49 |
| Dec 31, 2024 | 1.20 Mn |