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Sorrento Resources (XCNQ:SRS) Research & Development : C$0.00 Mil (TTM As of Dec. 2023)


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What is Sorrento Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sorrento Resources's Research & Development for the three months ended in Dec. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Sorrento Resources Research & Development Historical Data

The historical data trend for Sorrento 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.

* Premium members only.

Sorrento Resources Research & Development Chart

Sorrento Resources Annual Data
Trend Jun22 Jun23
Research & Development
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Sorrento Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Sorrento 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 Dec. 2023 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.

Sorrento Resources  (XCNQ:SRS) 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.

Sorrento Resources Research & Development Related Terms

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Sorrento Resources (XCNQ:SRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Research & Development
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Traded in Other Exchanges
SRSLF:USA
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Website
https://www.sorrentoresources.ca
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines