Global Atomic swings to Q2 2026 profit on C$ 7.97 million FX gain, company says
Reuters2026/08/13 21:04- For Q2 2026, net income was C$ 5.2 million, helped by a C$ 7.97 million foreign-exchange gain versus a C$ 15.87 million loss.
- H1 2026 net income totaled C$ 9.93 million, driven mainly by a C$ 14.26 million foreign-exchange gain from US$ moves versus the Canadian dollar and CFA.
- Corporate costs rose, with Q2 general and administration expense at C$ 2.45 million versus C$ 1.68 million.
- Equity earnings from the Turkish zinc joint venture weakened, with a Q2 loss of C$ 768,237 versus income of C$ 565,425.
- Liquidity was supported by a C$ 72.5 million unit financing in February; cash was C$ 30 million at June 30, 2026.
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