Silver North Resources (TARSF) Research & Development (2013 - 2025)
Silver North Resources' (TARSF) quarterly Research & Development came in at $9231.9 in Q3 2025, up 91.6% year-over-year from $4818.4 in Q3 2024, and up 9.42% quarter-over-quarter from $8436.8 in Q2 2025.
Analysis
Silver North Resources (TARSF) Research & Development (2013 - 2025) Analysis & Trends
Silver North Resources has disclosed Research & Development across 13 years of filings, most recently posting $9231.9 for Q3 2025.
- In Q3 2025, Research & Development rose 91.6% year-over-year to $9231.9; the TTM figure through Sep 2025 stood at $36191.3 (up 183.01% YoY), while the FY2025 annual figure was $36188.1, up 182.98% from the prior year.
- Research & Development came in at $9231.9 for Q3 2025 at Silver North Resources, up from $8436.8 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $10407.7 in Q4 2024 to a low of $643.88 in Q4 2022.
- Average Research & Development over 5 years is $4841.2, with a median of $4366.8 recorded in 2023.
- Year-over-year, Research & Development slumped 86.12% in 2022 and soared 464.58% in 2023.
- Over 5 years, Research & Development stood at $4639.4 in 2021, then tumbled by 86.12% to $643.88 in 2022, then soared by 464.58% to $3635.2 in 2023, then soared by 186.3% to $10407.7 in 2024, then retreated by 11.3% to $9231.9 in 2025.
- Per Business Quant data, the three most recent Research & Development figures were $9231.9 in Q3 2025, $8436.8 in Q2 2025, and $8114.9 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 20.88 Bn | 19.83 Bn | 535.85 Mn | - |
| 2 | Pan American Silver | 19.31 Bn | 17.74 Bn | 457,000.00 | - |
| 3 | Hecla Mining | 13.39 Bn | 12.90 Bn | 332.52 Mn | 11.68 Mn |
| 4 | First Majestic Silver | 9.65 Bn | 8.40 Bn | 223.62 Mn | - |
| 5 | Endeavour Silver | 2.98 Bn | 2.74 Bn | 74.00 Mn | - |
| 6 | Silvercorp Metals | 2.65 Bn | 2.27 Bn | 104.04 Mn | - |
| 7 | Americas Gold & Silver | 1.36 Bn | 1.27 Bn | 22.23 Mn | -1.51 Mn |
| 8 | Vizsla Silver | 1.36 Bn | 1.36 Bn | - | -1.34 Mn |
| 9 | New Pacific Metals | 1.00 Bn | 1.00 Bn | - | - |
| 10 | Silver North Resources | 9.64 Mn | 9.64 Mn | - | 9,231.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 9,231.90 |
| Jun 30, 2025 | 8,436.82 |
| Mar 31, 2025 | 8,114.90 |
| Dec 31, 2024 | 10,407.73 |
| Sep 30, 2024 | 4,818.36 |
| Jun 30, 2024 | 1,543.44 |
| Mar 31, 2024 | 2,791.09 |
| Dec 31, 2023 | 3,635.22 |
| Sep 30, 2023 | 1,557.50 |
| Jun 30, 2023 | 933.54 |
| Mar 31, 2023 | 4,094.22 |
| Dec 31, 2022 | 643.88 |
| Sep 30, 2022 | 7,359.23 |
| Jun 30, 2022 | 3,520.12 |
| Mar 31, 2022 | 5,732.38 |
| Dec 31, 2021 | 4,639.43 |
| Sep 30, 2020 | 69.79 |
| Jun 30, 2020 | 152.90 |
| Sep 30, 2019 | 1,878.92 |
| Jun 30, 2019 | 1,458.18 |