International Tower Hill Mines Q2 2026 loss widens as Livengood drilling, fieldwork spending rises, company says

Reuters2026/08/12 20:48

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

For the six months ended June 30, 2026, net loss narrowed to $ 1.11 million from $ 2.59 million a year earlier.
Higher exploration spend at Livengood drove results; mineral property expenditures rose to $ 5.61 million from $ 950,396.
Spending increase reflected feasibility-related drilling, field support, land-related legal work, higher wages, consulting, professional fees, travel.
Other income improved on a $ 4.82 million foreign-exchange gain, interest income rose to $ 2.12 million on short-term deposits.
Liquidity strengthened; cash and cash equivalents were $ 60.44 million, working capital $ 110.13 million, following $ 114.8 million gross equity financing.

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. International Tower Hill Mines Ltd. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

International Tower Hill Mines Q2 2026 loss widens as Livengood drilling, fieldwork spending rises, company says

You may also like

Crypto prices