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McFarlane Lake Mining (NEOE:MLM) Research & Development : C$0.50 Mil (TTM As of Feb. 2024)


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What is McFarlane Lake Mining Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. McFarlane Lake Mining's Research & Development for the three months ended in Feb. 2024 was C$0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.50 Mil.

McFarlane Lake Mining Research & Development Historical Data

The historical data trend for McFarlane Lake 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.

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McFarlane Lake Mining Research & Development Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Research & Development
0.27 0.60

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 0.10 0.33 0.06 0.01

McFarlane Lake 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.50 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.

McFarlane Lake Mining  (NEOE:MLM) 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.

McFarlane Lake Mining Research & Development Related Terms

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McFarlane Lake Mining (NEOE:MLM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McFarlane Lake Mining Ltd (NEOE:MLM) » Definitions » Research & Development
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Traded in Other Exchanges
MLMLF:USA
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
Website
https://www.mcfarlanelakemining.com
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.
Executives
Mark Steven Trevisiol 10% Security Holder, Director, Senior Officer