I-80 Gold Q2 FY26 net loss widens to USD 52.53 million; revenue falls 12.53% to USD 24.35 million
IAUX•Q2 results
- I-80 Gold posted a Q2 net loss of USD 52.53 million, widening from USD 30.22 million a year earlier.
- Revenue fell 12.53% to USD 24.35 million, as gold ounces sold dropped to 5,335 from 8,400.
- Gross profit climbed to USD 8.62 million from USD 0.8 million, while cash used in operating activities rose to USD 49.58 million from USD 11.34 million.
- Cash and cash equivalents totaled USD 464.56 million at June 30, 2026, down USD 49 million from March 31, 2026.
Operations update
- Lone Tree Plant refurbishment advanced on schedule; demolition began mid-June, and major construction is expected in Q4 2026.
