Borealis net loss narrows to US $0.78 million in Q3 FY26; revenue jumps to US $6.06 million vs prior quarter

  • Borealis posted Q3 fiscal 2026 revenue of US$6.06 million, up 329.6% from the preceding quarter.
  • Gross profit rose to a record US$1.83 million, up 195% from the preceding quarter.
  • Net loss narrowed to US$780,000 as production and revenue increased.
  • Cash totaled US$18.87 million, working capital was US$26.61 million at April 30, 2026.
  • Mined 726,000 tons, sold 665 ounces of gold; CEO Kelly Malcolm called it the strongest quarter to date.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borealis Mining Company Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 202606230700NEWSFILECNPR____20260623_302475_1) on June 23, 2026, and is solely responsible for the information contained therein.