Mundoro Q2 FY26 net loss narrows 39.8% to C$325,340
Reuters2026/08/31 15:33- Mundoro reported a Q2 net loss of CAD 325,340, narrowing from a CAD 540,377 loss a year earlier.
- Fees earned rose 108% to CAD 251,009, driven by higher exploration expenditures that lifted operator fee income.
- Exploration expenditures climbed to CAD 2.51 million, while recoveries from option partners increased to CAD 2.5 million.
- Corporate expenses fell 24% to CAD 281,162; cash and cash equivalents rose to CAD 5.88 million.
- Partner-funded Serbia work completed Skorusa East drilling; management flagged Q3 drill testing at Vitanovac and ongoing Arizona partnering talks.
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.
You may also like
ETH breaks above $2,500
Kaspa [KAS] leads altcoin rotation with 12% pump – Can CPI derail this?
![Kaspa [KAS] leads altcoin rotation with 12% pump – Can CPI derail this?](https://img.bgstatic.com/spider-data/d5090ca8302ba89acdefbcfac246e9641788883425400.png?w=420&h=236&f=webp)
LNG exports plunge by 90%: Qatar’s quarterly fiscal deficit hits nearly a ten-year high, with economic contraction expected to exceed 8% this year
Qatar's budget deficit in the second quarter reached approximately $5.8 billion, marking the highest level since the end of 2016 and nearly double that of the previous quarter. Following the blockade of the Strait of Hormuz, Qatar's liquefied natural gas (LNG) exports plummeted from about 20 million tons per quarter in the same period last year to less than 2 million tons during April to June 2026. According to the IMF, Qatar's economy is expected to contract by more than 8% this year.
Colombian Peso: Downside risk bias against US Dollar – TD Securities
Crypto prices
More
