GoldMining swings to three-month net loss of CAD 14.13 million
GLDG•GoldMining reported a net loss of CAD 14.13 million for the three months ended August 31, 2026, compared with a profit a year earlier. Exploration expenses more than tripled to CAD 11.4 million, and nine-month operating cash use rose 56% to CAD 25.27 million.
1. Quarterly results
GoldMining reported a net loss of CAD 14.13 million for the three months ended August 31, 2026, compared with a profit in the year-earlier period. Exploration expenses more than tripled year over year to CAD 11.4 million.
2. Operating cash use
Cash used in operating activities rose 56% year over year to CAD 25.27 million for the nine months ended August 31, 2026.
