Heliostar net income falls 43.26% to US$8 million in Q2 FY26; revenue rises 3.84% to US$56.49 million
Reuters2026/08/07 10:35Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Heliostar Metals posted Q2 net income attributable to shareholders of USD 8 million, down from USD 14.1 million in Q1.
- Revenue edged up to USD 56.49 million from USD 54.4 million in Q1; mine operating earnings rose to USD 31.09 million from USD 30.89 million.
- Gold production climbed to 14,803 ounces from 11,743 ounces in Q1; quarterly output at San Agustin increased 49%.
- Cash cost rose to USD 1,654 per ounce of gold sold from USD 1,602 in Q1; corporate AISC increased to USD 2,287 from USD 1,996.
- Cash increased to USD 43.05 million from USD 38.74 million; closed the Goldstrike acquisition in Q2 with a USD 10 million initial cash contribution.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heliostar Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608070630NEWSFILECNPR____20260807_308520_1) on August 07, 2026, and is solely responsible for the information contained therein.
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