Talon Metals swings to FY26 Q2 profit of US$3.2 million; revenue hits US$51.5 million
Reuters2026/08/13 21:44- Talon Metals posted Q2 2026 revenue of USD 51.5 million, compared with no revenue a year earlier.
- Net income swung to USD 3.2 million, or USD 0.02 a share, from a net loss of USD 0.8 million.
- EBITDA turned positive to USD 11.4 million; cash provided by operating activities rose to USD 1.3 million.
- Cash, cash equivalents, treasury bills, and term deposits climbed to USD 46.6 million as of June 30 from USD 25.4 million.
- Eagle Mine faced early-quarter equipment availability issues that hurt production and grades; operations finished the quarter strongly, CEO Darby Stacey said.
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