Lion Copper Q2 FY26 net loss widens to $4.09 million
Reuters2026/08/10 20:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lion Copper and Gold posted a Q2 net loss of $4.09 million, widening from $1.68 million a year earlier; loss per share was $0.01.
- Six-month net loss widened to $10.48 million from $4 million, driven by a $7.44 million non-cash loss on its Falcon Copper investment.
- Six-month exploration and evaluation spending rose to $5.08 million from $2.15 million, while general and administrative costs fell to $1.68 million from $2.79 million.
- Cash and cash equivalents climbed to $24.52 million at June 30 from $2.36 million at Dec. 31, with working capital turning to $1.43 million from a $3.16 million deficiency.
- Stage 3 work on the Yerington Copper Project advanced, with Samuel Engineering leading the DFS and NEXUS leading permitting; the company also submitted an initial Nasdaq listing application.
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. Lion Copper and Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-004151), on August 10, 2026, and is solely responsible for the information contained therein.
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