Torex Gold Q2 net income falls 36.19% to $113.8 million; revenue drops 24.55% to $406.9 million
Reuters2026/08/06 22:30- Torex Gold posted Q2 net income of USD 113.8 million, down 36% from Q1; revenue fell 24.55% to USD 406.9 million.
- Free cash flow declined 40.12% to USD 94.2 million; adjusted EBITDA (non-GAAP) dropped 43.26% to USD 203.5 million.
- All-in sustaining costs rose 28.23% to USD 2,459 per oz AuEq sold; AISC margin narrowed to 46% from 60%.
- Production slipped 4.54% to 96,297 oz AuEq; July output totaled 43,431 oz AuEq as grades improved.
- Full-year production guidance reiterated at 420,000-470,000 oz AuEq; AISC outlook raised to USD 2,000-2,100 per oz AuEq sold.
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