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
DateValue
Mar 31, 2026 3.84 Mn
Dec 31, 2025 2.28 Mn
Mar 31, 2025 836,454.49
Dec 31, 2024 1.20 Mn