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Element 29 Resources (Element 29 Resources) Research & Development : $0.09 Mil (TTM As of Mar. 2024)


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What is Element 29 Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Element 29 Resources's Research & Development for the three months ended in Mar. 2024 was $0.02 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0.09 Mil.

Element 29 Resources Research & Development Historical Data

The historical data trend for Element 29 Resources's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Element 29 Resources Research & Development Chart

Element 29 Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
- - 0.10 0.19 0.11

Element 29 Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 0.03 0.04 0.03 0.02

Element 29 Resources Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Element 29 Resources  (OTCPK:EMTRF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Element 29 Resources Research & Development Related Terms

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Element 29 Resources (Element 29 Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 29 Resources Inc (OTCPK:EMTRF) » Definitions » Research & Development
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Traded in Other Exchanges
ECU:Canada
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Website
https://www.e29copper.com
Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines

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