Western Copper loss widens in Q2 2026 on higher share-based pay, office costs, company says
Reuters2026/08/07 10:27- Western Copper and Gold posted a loss of CAD 4.21 million for the six months ended June 30, 2026, versus CAD 1.27 million a year earlier.
- Higher share-based compensation lifted costs, with share-based payments rising to CAD 2.09 million from CAD 1.39 million.
- Office and administration expense increased to CAD 611,816 from CAD 324,819, reflecting higher corporate activity.
- Interest income rose to CAD 1.37 million from CAD 1.21 million, supported by higher average cash balances.
- Cash and short-term investments climbed to CAD 128.64 million at period end from CAD 50.53 million, driven by net CAD 86.31 million bought-deal proceeds.
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