Amaroq Q2 FY26 net profit drops to CAD 11.1 million; revenue rises to CAD 37.3 million

Reuters2026/08/13 06:01

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Amaroq posted Q2 revenue of CAD 37.3 million on gold sales of 5,640 oz at an average realized price of USD 4,678/oz.
Gross profit totaled CAD 25 million; net profit came in at CAD 11.1 million.
Cash climbed to CAD 28.5 million at June 30 from CAD 8.8 million at March 31; gold inventory rose to CAD 24.4 million.
Nalunaq produced 5,363 oz with 67% recoveries; flotation circuit commissioning completed, targeting ~90%-95% recovery as ramp-up continues.
Maintained FY2026 production guidance of 25,000-35,000 oz; management said H1 output of about 9,000 oz beat the mid-point.

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: 202608130200HUGIN___UKPR_REG_GNW1001257355-is) 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 Q2 FY26 net profit drops to CAD 11.1 million; revenue rises to CAD 37.3 million

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