I-80 Gold Q2 FY26 net loss widens to USD 52.53 million; revenue falls 12.53% to USD 24.35 million
Reuters2026/08/10 21:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- I-80 Gold posted a Q2 net loss of USD 52.53 million, widening from USD 30.22 million a year earlier.
- Revenue fell 12.53% to USD 24.35 million, as gold ounces sold dropped to 5,335 from 8,400.
- Gross profit climbed to USD 8.62 million from USD 0.8 million, while cash used in operating activities rose to USD 49.58 million from USD 11.34 million.
- Cash and cash equivalents totaled USD 464.56 million at June 30, 2026, down USD 49 million from March 31, 2026.
- Lone Tree Plant refurbishment advanced on schedule; demolition began mid-June, major construction is expected in Q4 2026.
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. I-80 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: 0001628280-26-055367), on August 10, 2026, and is solely responsible for the information contained therein.
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