Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026)
Northern Minerals & Exploration (NMEX) posted Operating Expenses of $54006.0 for Q2 2026, down 48.18% sequentially from $104220.0 in Q1 2026, and down 16.43% YoY from $64626.0 in Q2 2025.
Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026) Analysis & Trends
Northern Minerals & Exploration has reported Operating Expenses for 16 years, with the latest figure at $54006.0 in Q2 2026.
- Quarterly Operating Expenses fell 16.43% year-over-year to $54006.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $277713.0 (up 30.69% YoY) and the FY2025 annual result came in at $235578.0, up 48.27% from the prior year.
- Operating Expenses fell to $54006.0 in Q2 2026 per NMEX's latest filing, from $104220.0 in the prior quarter.
- Over five years, Operating Expenses peaked at $104220.0 in Q1 2026 and troughed at $25751.0 in Q1 2023.
- A 5-year average of $49718.9 and a median of $46910.0 in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses sank 40.67% in 2024, then jumped 186.33% in 2026.
- Over 5 years, Operating Expenses stood at $51652.0 in 2022, then rose by 13.88% to $58820.0 in 2023, then rose by 26.83% to $74602.0 in 2024, then declined by 20.2% to $59536.0 in 2025, then fell by 9.29% to $54006.0 in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $54006.0, $104220.0, and $59536.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.80 Bn | 13.31 Bn | 332.52 Mn | 188.15 Mn |
| 2 | Buenaventura Mining | 8.86 Bn | 7.84 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.88 Bn | 6.86 Bn | 88.25 Mn | 3.89 Mn |
| 4 | Perpetua Resources | 3.19 Bn | 3.19 Bn | - | 106.58 Mn |
| 5 | Solaris Resources | 1.44 Bn | 1.38 Bn | - | 3.91 Mn |
| 6 | Elemental Royalty | 1.41 Bn | 1.34 Bn | 15.71 Mn | -5.59 Mn |
| 7 | McEwen | 1.22 Bn | 1.13 Bn | 20.08 Mn | 12.38 Mn |
| 8 | Versamet Royalties | 1.13 Bn | 1.13 Bn | 13.99 Mn | -7.24 Mn |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | -1.43 Mn |
| 10 | Northern Minerals & Exploration | 6.69 Mn | 6.67 Mn | 1,676.00 | 54,006.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 54,006.00 |
| Jan 31, 2026 | 104,220.00 |
| Oct 31, 2025 | 59,536.00 |
| Jul 31, 2025 | 59,951.00 |
| Apr 30, 2025 | 64,626.00 |
| Jan 31, 2025 | 36,399.00 |
| Oct 31, 2024 | 74,602.00 |
| Jul 31, 2024 | 36,866.00 |
| Apr 30, 2024 | 36,284.00 |
| Jan 31, 2024 | 26,916.00 |
| Oct 31, 2023 | 58,820.00 |
| Jul 31, 2023 | 62,138.00 |
| Apr 30, 2023 | 42,168.00 |
| Jan 31, 2023 | 25,751.00 |
| Oct 31, 2022 | 51,652.00 |
| Jul 31, 2022 | 32,163.00 |
| Apr 30, 2022 | 31,272.00 |
| Jan 31, 2022 | 37,570.00 |
| Oct 31, 2021 | 51,497.00 |
| Jul 31, 2021 | 39,619.00 |