Nevada Canyon Gold (NGLD) Operating Expenses (2015 - 2026)
Nevada Canyon Gold's Operating Expenses came in at $384,998 for Q1 2026, down 59.4% from $949,235 a year earlier and down 60.9% from the prior quarter.
Nevada Canyon Gold (NGLD) Operating Expenses (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Nevada Canyon Gold reported Operating Expenses of $3.43 million, down 12.0% year-over-year; for FY2025, it came in at $3.99 million, up 0.9% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 140.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $3.96 million in FY2024 (+48.0%), $2.68 million in FY2023 (+107.7%), $1.29 million in FY2022 (+913.1%) and $127,133 in FY2021 (+154.3%).
- The Q1 2026 figure represents the lowest quarterly Operating Expenses since Q3 2022.
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 5.2%.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2022 (growth of 734.4%), and the weakest in Q1 2026 (a decline of 59.4%).
- Business Quant data shows NGLD's Operating Expenses at $983,500 (Q4 2025), $1.63 million (Q3 2025) and $428,665 (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | 149.76 Mn |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 2.38 Bn |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 5.41 Bn |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 14.94 Bn |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Nevada Canyon Gold | 10.87 Mn | 10.87 Mn | - | 384,998.00 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 384,998.00 |
| Dec 31, 2025 | 983,500.00 |
| Sep 30, 2025 | 1.63 Mn |
| Jun 30, 2025 | 428,665.00 |
| Mar 31, 2025 | 949,235.00 |
| Dec 31, 2024 | 1.09 Mn |
| Sep 30, 2024 | 922,695.00 |
| Jun 30, 2024 | 938,382.00 |
| Mar 31, 2024 | 1.01 Mn |
| Dec 31, 2023 | 948,851.00 |
| Sep 30, 2023 | 663,100.00 |
| Jun 30, 2023 | 670,646.00 |
| Mar 31, 2023 | 392,828.00 |
| Dec 31, 2022 | 469,586.00 |
| Sep 30, 2022 | 361,550.00 |
| Jun 30, 2022 | 377,445.00 |
| Mar 31, 2022 | 79,345.00 |
| Dec 31, 2021 | 78,068.00 |
| Sep 30, 2021 | 9,795.00 |
| Jun 30, 2021 | 29,761.00 |
Nevada Canyon Gold Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NGLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NGLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NGLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();