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Max Power Mining (XCNQ:MAXX) Research & Development : C$0.49 Mil (TTM As of Mar. 2024)


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What is Max Power Mining Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Max Power Mining's Research & Development for the three months ended in Mar. 2024 was C$0.16 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.49 Mil.

Max Power Mining Research & Development Historical Data

The historical data trend for Max Power Mining'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.

* Premium members only.

Max Power Mining Research & Development Chart

Max Power Mining Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
- 0.10 0.41

Max Power Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.11 0.10 0.12 0.16

Max Power Mining Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.49 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.

Max Power Mining  (XCNQ:MAXX) 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.

Max Power Mining Research & Development Related Terms

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Max Power Mining (XCNQ:MAXX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Max Power Mining Corp (XCNQ:MAXX) » Definitions » Research & Development
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Traded in Other Exchanges
MAXXF:USA 89N:Germany
Address
666 Burrard Street, Suite 2800, Park Place, Vancouver, BC, CAN, V6C 2Z7
Website
https://www.maxpowermining.com
Max Power Mining Corp is an exploration stage company focused on the exploration of mineral property in Ontario, Canada. It has two reportable operating segments, with the primary segment being the acquisition, exploration and evaluation of mineral resources properties.
Executives
Thomas William Clarke Director

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