Amaroq net income swings to profit of CAD 13.58 million in H1 FY26; revenue rises to CAD 56.24 million

Reuters2026/08/13 06:01

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Amaroq posted H1 2026 net income of CAD 13.58 million, swinging from a loss a year earlier; basic EPS was CAD 0.029.
H1 revenue climbed to CAD 56.24 million from CAD 3.45 million a year earlier, while cost of sales rose to CAD 19.79 million.
Q2 revenue totaled CAD 37.3 million on gold sales of 5,640 oz at an average realized price of USD 4,678/oz.
Cash increased to CAD 28.55 million at June 30 from CAD 8.8 million at March 31; capital assets rose to CAD 298.5 million.
Nalunaq produced 5,363 oz in Q2; flotation circuit was commissioned in June, with July recoveries reaching about 90% toward 90%-95%.

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. Amaroq Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130200OMX_____CNEWS_EN_GNW1001257355_en) on August 13, 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.

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Amaroq net income swings to profit of CAD 13.58 million in H1 FY26; revenue rises to CAD 56.24 million

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