Patriot Gold swings to FY26 Q2 net income of $1.28 million; revenue totals $1.78 million
PGOL•Cash position and funding outlook
Cash totaled $573,666 at June 30, 2026. Management said additional funding may be needed over the next 12 months.
Expenses decline while other costs rise
General and administrative expenses fell 19.56% to $379,447, largely on lower legal fees.
Other expenses widened to $30,154 from $2,664, reflecting higher interest expense.
Quarterly results turn profitable on Moss Mine royalty receipts
Patriot Gold posted net income of $1.28 million for the quarter ended June 30, 2026, swinging from a net loss of $574,930.
Revenue was $1.78 million, compared with no revenue a year earlier, driven by Moss Mine royalty receipts.
