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 10:35- 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.
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