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Forge Resources (XCNQ:FRG) Research & Development : C$0.00 Mil (TTM As of Nov. 2023)


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What is Forge Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Forge Resources's Research & Development for the three months ended in Nov. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Nov. 2023 was C$0.00 Mil.


Forge Resources Research & Development Historical Data

The historical data trend for Forge 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.

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Forge Resources Research & Development Chart

Forge Resources Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Research & Development
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Forge Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Forge 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Forge Resources  (XCNQ:FRG) 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.


Forge Resources Research & Development Related Terms

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Forge Resources (XCNQ:FRG) Business Description

Traded in Other Exchanges
Address
1050 - 12471 Horseshoe Way, Richmond, BC, CAN, V7A 4X6
Benjamin Hill Mining Corp is engaged in the business of the exploration and development of natural resource properties in Canada and Mexico. It owns and operates the Alotta Property.