Starcore Q1 FY27 net income more than doubled to CAD 3.05 million; revenue rises 21.55% to CAD 10.5 million
Reuters2026/09/14 06:31- Starcore posted net income of CAD 3.05 million, swinging from CAD 927,000, and diluted EPS rose to CAD 0.03.
- Revenue climbed 21.55% to CAD 10.5 million, while income from mining operations increased 17.82% to CAD 2.24 million.
- Cash totaled CAD 8 million, and working capital was CAD 11.3 million.
- Equivalent gold production was 2,008 ounces, and mine operating cash cost was US$ 3,180 per equivalent ounce.
- CEO Robert Eadie said carbon ore processing delivered better, more consistent results, and newer ore zones showed “excellent potential,” with production expected to improve.
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