Andean Precious Metals (TSXV:APM) Research & Development : C$0.0 Mil (TTM As of Dec. 2023)

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What is Andean Precious Metals Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Andean Precious Metals's Research & Development for the three months ended in Dec. 2023 was C$-1.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.0 Mil.

Andean Precious Metals Research & Development Historical Data

The historical data trend for Andean Precious Metals'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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Andean Precious Metals Research & Development Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Research & Development

0.24

2.56

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial											0.14	0.24	0.54	0.71	-1.48

Andean Precious Metals Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Andean Precious Metals (TSXV:APM) 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.

Andean Precious Metals Research & Development Related Terms

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Andean Precious Metals (TSXV:APM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (TSXV:APM) » Definitions » Research & Development

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Traded in Other Exchanges

ANPMF:USA

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.