Solitario net loss widens to $1.83 million in Q2 2026; exploration expense more than doubled to $1.51 million

Interest and dividend income rose to $77,000 from $52,000, while realized and unrealized gains on marketable equity securities fell to $56,000 from $201,000.

Cash and short-term investments totaled $9.01 million at June 30, 2026, including $8.5 million in a money market account.

Net proceeds from stock issuance under the ATM program were $2.65 million in the first half, with another $228,000 from a Newmont private placement.

Solitario posted a net loss of $1.83 million for the quarter ended June 30, 2026, widening from $943,000 a year earlier.

Exploration expense more than doubled to $1.51 million, driven by Golden Crest spending of $1.4 million as drilling began in May.