MRIRF (Route 109 Resources) Current Accrued Expense: $0.02 Mil (As of May. 2026)

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What is Route 109 Resources Current Accrued Expense?

Route 109 Resources MRIRF Current Accrued Expense is $0.02 Mil as of May. 2026.

Route 109 Resources's Current Accrued Expense for the quarter that ended in May. 2026 was $0.02 Mil.

Route 109 Resources's quarterly Current Accrued Expense increased from Nov. 2025 ($0.02 Mil) to Feb. 2026 ($0.02 Mil) but then declined from Feb. 2026 ($0.02 Mil) to May. 2026 ($0.02 Mil).

Route 109 Resources's annual Current Accrued Expense declined from Aug. 2023 ($0.37 Mil) to Aug. 2024 ($0.10 Mil) and declined from Aug. 2024 ($0.10 Mil) to Aug. 2025 ($0.03 Mil).

Route 109 Resources Current Accrued Expense Related Terms

Route 109 Resources Current Accrued Expense Historical Data

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The historical data trend for Route 109 Resources's Current Accrued Expense 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.

Route 109 Resources Current Accrued Expense Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.26 0.16 0.37 0.10 0.03

Route 109 Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Accrued Expense 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 Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 0.02

Route 109 Resources Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.02 Mil mean?
Route 109 Resources (MRIRF) has a Current Accrued Expense of $0.02 Mil as of May. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Route 109 Resources and its competitors.
Is Route 109 Resources' Current Accrued Expense too high?
Route 109 Resources' current Current Accrued Expense is $0.02 Mil.
How does Route 109 Resources' Current Accrued Expense compare to NEM and AU?
Route 109 Resources' Current Accrued Expense of $0.02 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Metals & Mining company?
A good Current Accrued Expense depends on the Metals & Mining industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Route 109 Resources and its competitors. Route 109 Resources's current Current Accrued Expense is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current Current Accrued Expense of $0.02 Mil. The current Current Accrued Expense is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Route 109 Resources (MRIRF), the current Current Accrued Expense is $0.02 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.