Stillwater Critical Minerals management commentary says Q1 FY2027 loss widens as Stillwater West exploration spending rises
Reuters2026/08/31 23:53- Stillwater management commentary reported a net loss of CAD 1.23 million for the three months ended June 30, 2026.
- Higher exploration spending drove results, with exploration expenditures rising to CAD 471,345 from CAD 138,373 a year earlier.
- Most exploration costs were tied to Stillwater West, totaling CAD 462,608, led by CAD 298,894 of consulting fees.
- Cash fell CAD 2.44 million to CAD 12.8 million, mainly from CAD 2.23 million used in operating activities.
- Working capital narrowed to CAD 14.93 million from CAD 16.15 million, reflecting lower current assets and ongoing spending.
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