Soma Gold Q2 FY26 net loss widens to CAD 3.88 million; revenue falls to CAD 20.44 million
Reuters2026/08/28 21:55- Soma Gold posted a net loss of CAD 3.88 million in Q2, swinging from profit a year earlier; loss per share was CAD 0.03.
- Revenue fell to CAD 20.44 million from CAD 23.01 million, while operating results turned to a CAD 1.01 million loss.
- For the first half, net loss widened to CAD 6.01 million, flipping from profit; revenue slid to CAD 42.94 million.
- Cash rose to CAD 7.33 million at June 30 from CAD 6.3 million at Dec. 31, while total assets climbed to CAD 128.83 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HBR Realty announces extraordinary shareholder meeting
Ambipar reelects audit committee members for two-year term
Ahead of the UK interest rate decision, the central bank governor downplays inflation threat: secondary effects remain "relatively moderate".
With the Bank of England's interest rate decision approaching on September 17, Governor Bailey stated at the Jackson Hole Symposium that the labor market remains persistently weak and that second-round inflation effects are moderate, saying, "We can continue to observe this situation." At the symposium, MPC member Mann, who supported a rate hike in July, warned that the spillover effects from the US and the rising dominance of the US dollar pose potential shocks to the transmission of the UK's monetary policy. The market has already priced in a 25 basis point rate hike by the UK this year, with bets on another hike next spring.
Crypto prices
More
