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Snow Lake Resources (Snow Lake Resources) Research & Development : $0.03 Mil (TTM As of Dec. 2023)


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What is Snow Lake Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Snow Lake Resources's Research & Development for the six months ended in Dec. 2023 was $0.03 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.03 Mil.

Snow Lake Resources Research & Development Historical Data

The historical data trend for Snow Lake 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.

Snow Lake Resources Research & Development Chart

Snow Lake Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Research & Development
- - - 0.03 0.01

Snow Lake Resources Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.01 - 0.03

Snow Lake 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.03 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.

Snow Lake Resources  (NAS:LITM) 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.

Snow Lake Resources Research & Development Related Terms

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Snow Lake Resources (Snow Lake Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snow Lake Resources Ltd (NAS:LITM) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1
Website
https://www.snowlakelithium.com
Snow Lake Resources Ltd is an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada. Its primary focus is currently conducting exploration for lithium at Thompson Brothers Lithium Project.