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HMRFF (Homerun Resources) Research & Development : $0.24 Mil (TTM As of Sep. 2024)


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What is Homerun Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Homerun Resources's Research & Development for the three months ended in Sep. 2024 was $0.11 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0.24 Mil.

Homerun Resources Research & Development Historical Data

The historical data trend for Homerun 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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Homerun Resources Research & Development Chart

Homerun Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Homerun Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only - - - 0.13 0.11

Homerun 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 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.

Homerun Resources  (OTCPK:HMRFF) 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.

Homerun Resources Research & Development Related Terms

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Homerun Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Homerun Resources Inc (OTCPK:HMRFF) » Definitions » Research & Development
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Traded in Other Exchanges
5ZE:Germany HMR:Canada
Address
2110, 650 West Georgia Street, Vancouver, BC, CAN, V6B 4N9
Website
https://www.homerunresources.com
Homerun Resources Inc is engaged in the exploration and development of minerals. The company's project is the Homathko Gold Project situated in Canada. The company has one reportable segment: exploration and evaluation of mineral properties. The company's assets are located in Canada. It has two reportable operating segments, being that its corporate headquarters is located in Canada and its operations in Brazil.