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Mustang Energy (XCNQ:MEC) Research & Development : C$0.00 Mil (TTM As of Sep. 2024)


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What is Mustang Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mustang Energy's Research & Development for the three months ended in Sep. 2024 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.00 Mil.

Mustang Energy Research & Development Historical Data

The historical data trend for Mustang Energy'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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Mustang Energy Research & Development Chart

Mustang Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Mustang Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Mustang Energy 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 C$0.00 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.

Mustang Energy  (XCNQ:MEC) 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.

Mustang Energy Research & Development Related Terms

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Mustang Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mustang Energy Corp (XCNQ:MEC) » Definitions » Research & Development
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92T:Germany
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.mustangenergy.ca
Mustang Energy Corp is a mineral exploration and development company focused on uranium mineral projects. It intends to conduct exploration for uranium on its properties located in the Eastern Athabasca Basin of Saskatchewan, Canada and, in particular, the Ford Lake Property. The Ford Lake Property consists of three claims covering an area of 7,433 hectares in the prolific Eastern Athabasca Basin near the margin of the Mudjatik and Wollaston Domains.