Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026)
Northern Minerals & Exploration's (NMEX) quarterly Operating Expenses came in at $104220.0 in Q1 2026, up 186.33% year-on-year from $36399.0 in Q1 2025, and up 75.05% quarter-over-quarter from $59536.0 in Q4 2025.
Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026) Analysis & Trends
Northern Minerals & Exploration has disclosed Operating Expenses across 16 years of filings, most recently posting $104220.0 for Q1 2026.
- Operating Expenses for Q1 2026 came in at $104220.0, up 186.33% year-over-year; the trailing twelve-month figure through Jan 2026 was $288333.0 (up 56.57% YoY), and the FY2025 annual result was $235578.0, up 48.27% from the prior year.
- Operating Expenses came in at $104220.0 for Q1 2026 at Northern Minerals & Exploration, up from $59536.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $104220.0 in Q1 2026 to a low of $25751.0 in Q1 2023.
- The 5-year median for Operating Expenses is $42168.0 (2023), against an average of $49466.7.
- Across the five-year window, Operating Expenses sank 40.67% in 2024 and surged 186.33% in 2026, its largest moves.
- Northern Minerals & Exploration's Operating Expenses stood at $51652.0 in 2022, then grew by 13.88% to $58820.0 in 2023, then grew by 26.83% to $74602.0 in 2024, then slipped by 20.2% to $59536.0 in 2025, then jumped by 75.05% to $104220.0 in 2026.
- The last three Operating Expenses figures came in at $104220.0 (Q1 2026), $59536.0 (Q4 2025), and $59951.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -20.15 Mn |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 30.15 Mn |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 56.56 Mn |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | 3.56 Mn |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | 5.21 Mn |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 2.92 Mn |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 4.14 Mn |
| 10 | Northern Minerals & Exploration | - | - | 1,891.00 | 104,220.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 34,556.00 |