Contango swings to Q2 FY26 profit of $4.8 million; operating loss widens to $8.5 million

Reuters2026/08/13 21:01

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Contango posted a GAAP operating loss of USD 8.5 million in Q2 2026, swinging from operating income of USD 23 million.
GAAP net income turned to USD 4.79 million from USD 15.92 million; results included a USD 10.31 million gain on hedge derivatives.
Non-GAAP adjusted net loss widened to USD 5.52 million from adjusted net income of USD 28.77 million.
Unrestricted cash rose to USD 89 million at June 30, 2026, from USD 64.8 million at year-end 2025.
Manh Choh attributable sales totaled 8,627 gold ounces, supporting a USD 9 million JV distribution; 2026 guidance reiterated at 40,000-45,000 gold ounces.

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. Contango Silver Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608131700NEWSFILECNPR____20260813_309501_1) 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Contango swings to Q2 FY26 profit of $4.8 million; operating loss widens to $8.5 million

You may also like

Crypto prices