Canagold H1 FY26 net loss narrows to $428,000; operating loss widens to $832,000
Reuters2026/08/13 18:21- Canagold posted a net loss of $428,000 for the six months ended June 30, 2026, narrowing from a $854,000 loss a year earlier.
- Operating loss widened to $832,000, while foreign exchange swung to a $46,000 gain from a $17,000 loss year-over-year.
- Exploration spending capitalized at New Polaris totaled $3.9 million, led by $2.23 million for environmental studies and applications.
- Cash rose to $2.64 million at June 30, 2026, with working capital turning to a $1.64 million surplus from a $232,000 deficit.
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