Newcore posts H1 net loss as deferred tax expense swings results, company says

Reuters2026/08/27 09:59

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Newcore posted a net loss of CAD 3.81 million for the six months ended June 30, 2026, versus net income of CAD 1.4 million.
Performance swung mainly on deferred income tax, with CAD 1.15 million expense versus a CAD 3.48 million recovery a year earlier.
Share-based compensation rose to CAD 1.13 million from CAD 464,489, driven by additional options, PSUs, and RSUs vesting.
Total assets increased to CAD 94.78 million from CAD 69.33 million, reflecting higher Enchi exploration and evaluation assets.
Cash and cash equivalents were CAD 15.51 million; working capital was CAD 13.9 million, supported by a CAD 15 million bought-deal financing.

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. Newcore Gold Ltd. published the original content used to generate this news brief on August 27, 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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Newcore posts H1 net loss as deferred tax expense swings results, company says

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