Goldgroup management commentary says Q2 ended June 30, 2026 results reflect higher gold sales volumes and realized prices

GORO•2026-09-04

Net loss widened on warrant liability and other expenses

Net loss widened to USD 6.08 million from USD 35.13 million, reflecting a USD 4.78 million unrealized warrant liability loss.

Results also reflected USD 1.55 million in professional fees, USD 1.71 million in San Francisco care and maintenance, and USD 1.46 million in FX loss.

Q2 results reflect higher gold sales volumes and realized prices

Goldgroup Mining management commentary for the three months ended June 30, 2026 tied stronger results to higher gold sales volumes.

Revenue rose to USD 21.11 million from USD 5.36 million, driven by 4,748 ounces sold at USD 4,429/oz.

Gross profit increased to USD 6.23 million from USD 1.71 million, outpacing a rise in cost of sales.

Sources

Goldgroup management commentary says Q2 ended June 30, 2026 results reflect higher gold sales volumes and realized prices

Sec

Goldgroup management commentary says Q2 ended June 30, 2026 results reflect higher gold sales volumes and realized prices

Net loss widened on warrant liability and other expenses

Q2 results reflect higher gold sales volumes and realized prices

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Goldgroup management commentary says Q2 ended June 30, 2026 results reflect higher gold sales volumes and realized prices

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