DynaResource Q2 FY26 net income drops 74.8% to USD 630,350; revenue falls 36.5% to USD 11.44 million
Reuters2026/08/17 22:21- DynaResource posted Q2 2026 revenue of USD 11.4 million, down from USD 18 million in Q1 2026 and USD 15.9 million in Q2 2025.
- Net income slipped to USD 630,350 from USD 2.5 million in Q1 2026, roughly flat with USD 0.6 million a year earlier.
- Adjusted EBITDA fell to USD 40,000, following six straight quarters of positive and rising adjusted EBITDA.
- Gold output dropped 23% to 3,703 ounces versus Q1 on lower access to higher-grade zones during an underground contractor transition.
- Throughput eased to 740 tonnes per day from 767, while head grade declined to 2.45 g/t from 2.9 g/t.
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