earnings
confidence high
sentiment negative
materiality 0.75
i-80 Gold Q2 net loss widens to $52.5M; production up 166% to 11,098 oz
i-80 Gold Corp.
2026-Q2 EPS reported
-$0.15
revenue$76,738,000
- Revenue $24.3M on 5,335 oz sold at avg $4,522/oz vs $27.8M on 8,400 oz at $3,301 YoY; production 11,098 oz vs 4,178 oz.
- Net loss $52.5M (EPS -$0.06) vs $30.2M (-$0.05) YoY; adjusted net loss $41.2M; cash $464.6M at June 30, 2026.
- On track for full-year production guidance; growth capex guided at $150-175M with Lone Tree lower, Archimedes higher, exploration ~$10M lower.
- Archimedes first gold on track Q4 2026; Lone Tree construction Q4 2026; Granite Creek feasibility Q3 2026.
- Gold sold lower on third-party processing delays; 5,300 recoverable oz in-process and 1,800 oz in inventory at quarter-end.