MGXMF (MGX Minerals) Research & Development: $1.11 Mil (TTM As of Apr. 2021)


What is MGX Minerals Research & Development?

MGX Minerals MGXMF -95.00% Research & Development is $1.11 Mil as of Apr. 2021.

Research & Development is the aggregate amount of research and development expenses during the year. MGX Minerals's Research & Development for the three months ended in Apr. 2021 was $0.02 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2021 was $1.11 Mil.

MGX Minerals  (OTCPK:MGXMF) 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.

MGX Minerals Research & Development Related Terms

MGX Minerals Research & Development Historical Data

* Premium members only.

The historical data trend for MGX Minerals'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.

MGX Minerals Research & Development Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Research & Development
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 4.27 1.63

MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.15 1.07 0.00 0.02 0.02

MGX Minerals Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.11 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $1.11 Mil mean?
MGX Minerals (MGXMF) has a Research & Development of $1.11 Mil as of Apr. 2021. Research and development expense is the total cost for research and development activities. View historical data on MGX Minerals and its competitors.
Is MGX Minerals' Research & Development too high?
MGX Minerals' current Research & Development is $1.11 Mil.
How does MGX Minerals' Research & Development compare to competitors?
MGX Minerals' Research & Development of $1.11 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 Research & Development for a Metals & Mining company?
A good Research & Development depends on the Metals & Mining industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on MGX Minerals and its competitors. MGX Minerals's current Research & Development is $1.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Minerals stock overvalued right now?
MGX Minerals (MGXMF) has a current Research & Development of $1.11 Mil. The current Research & Development is $1.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For MGX Minerals (MGXMF), the current Research & Development is $1.11 Mil as of Apr. 2021. 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.

MGX Minerals Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.