Idaho Strategic Q2 FY26 net income rises 31.95% to USD 3.65 million; revenue climbs 13.25% to USD 10.73 million
IDR•Production and development update
- Ore tonnes processed increased 8.34% to 11,094, while average flotation feed grade fell 20.86% to 7.89 gpt; wildfire shut the New Jersey mill for about one week.
- Management said it advanced the high-grade Jumbo vein timeline, expects production from Jumbo to begin in Q3, and is modestly ahead on Paymaster development.
Q2 FY26 financial and operating results
- Idaho Strategic reported Q2 2026 net income attributable to shareholders rose 31.95% to USD 3.65 million; EPS increased 15% to USD 0.23.
- Revenue climbed 13.25% to USD 10.73 million on a 32.7% increase in average realized gold price to USD 4,277.53.
- All-in sustaining cost per ounce rose 16.08% to USD 2,261.81; ounces produced edged up 1.23% to 3,047.
