CMRZF (Commerce Resources) Other Operating Expense : $0.12 Mil (TTM As of Jul. 2024)

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What is Commerce Resources Other Operating Expense?

Commerce Resources's Other Operating Expense for the three months ended in Jul. 2024 was $0.02 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jul. 2024 was $0.12 Mil.

Commerce Resources's quarterly Other Operating Expense increased from Jan. 2024 ($0.02 Mil) to Apr. 2024 ($0.04 Mil) but then declined from Apr. 2024 ($0.04 Mil) to Jul. 2024 ($0.02 Mil).

Commerce Resources's annual Other Operating Expense increased from Oct. 2021 ($0.09 Mil) to Oct. 2022 ($0.12 Mil) but then declined from Oct. 2022 ($0.12 Mil) to Oct. 2023 ($0.11 Mil).

Commerce Resources Other Operating Expense Historical Data

The historical data trend for Commerce Resources's Other Operating 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.

* Premium members only.

Commerce Resources Other Operating Expense Chart

Commerce Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Other Operating Expense

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0.07

0.06

0.09

0.12

0.11

Commerce Resources Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Other Operating Expense	Get a 7-Day Free Trial															0.01	0.04	0.02	0.04	0.02

Commerce Resources Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 Mil.

Commerce Resources Other Operating Expense Related Terms

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Commerce Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Commerce Resources Corp (OTCPK:CMRZF) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

D7H0:Germany CCE:Canada

Address

789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.commerceresources.com

Commerce Resources Corp is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property in northern Quebec, Canada. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade mineral concentrates at high recovery. The Ashram Deposit also has a fluorspar component which could be a long-term supplier to the met-spar and acid-spar markets. The Company is focused on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the market.