U.S. GoldMining (USGO) Research & Development (2022 - 2026)
U.S. GoldMining (USGO) reported Research & Development of $531,840 for Q1 2026, up 138.3% from $223,227 a year earlier and up 4.3% from the prior quarter.
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Analysis
U.S. GoldMining (USGO) Research & Development (2022 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, U.S. GoldMining's Research & Development came in at $3.36 million, down 40.2% year-over-year; for FY2025, it came in at $3.05 million, down 47.5% from FY2024.
- Research & Development has a three-year compound annual growth rate of 77.7% (FY2022 to FY2025).
- By year, Research & Development came in at $5.8 million in FY2024, $5.05 million in FY2023 (+830.3%) and $543,322 in FY2022.
- Five-year quarterly Research & Development spans a low of $36,808 in Q2 2022 and a high of $3.91 million in Q3 2024.
- Year over year, Research & Development gained in 1 of the last five quarters, with an average decline of 7.7%.
- Per Business Quant data, the three quarters before Q1 2026 came in at $509,786 (Q4 2025), $2.1 million (Q3 2025) and $220,129 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | U.S. GoldMining | 74.45 Mn | 74.45 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 531,840.00 |
| Dec 31, 2025 | 509,786.00 |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 220,129.00 |
| Mar 31, 2025 | 223,227.00 |
| Dec 31, 2024 | 553,314.00 |
| Sep 30, 2024 | 3.91 Mn |
| Jun 30, 2024 | 923,403.00 |
| Mar 31, 2024 | 414,497.00 |
| Aug 31, 2023 | 1.47 Mn |
| May 31, 2023 | 204,005.00 |
| Mar 31, 2023 | 125,205.00 |
| Nov 30, 2022 | 373,040.00 |
| Aug 31, 2022 | 96,517.00 |
| May 31, 2022 | 36,808.00 |
API Access
U.S. GoldMining Research & Development 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=research-and-development&ticker=USGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "USGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=USGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();