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Montego Resources (XCNQ:MY) Research & Development : C$0.00 Mil (TTM As of Sep. 2024)


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What is Montego Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Montego Resources'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.

Montego Resources Research & Development Historical Data

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

Montego Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Research & Development
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Montego Resources 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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Montego 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 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.

Montego Resources  (XCNQ:MY) 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.

Montego Resources Research & Development Related Terms

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Montego Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Montego Resources Inc (XCNQ:MY) » Definitions » Research & Development
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Traded in Other Exchanges
4MO:Germany
Address
400-837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Website
https://www.montegoresources.ca
Montego Resources Inc is a junior mineral exploration company engaged in the business of acquiring, exploring, and evaluating natural resource properties. It is currently focused on conducting an exploration program on the Black Beard Copper and the Black Dog Property.

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