Heliostar swings to Q1 2026 profit of US$14.1 million; revenue more than doubles to US$54.4 million

  • Heliostar Metals posted Q1 net income of USD 14.1 million, or USD 0.05 per share, on revenue of USD 54.4 million.
  • Mine operating earnings climbed to USD 30.9 million, while gold production rose to a record 11,743 ounces.
  • Cash cost came in at USD 1,602 per gold ounce sold, with AISC at USD 1,996 per gold ounce sold, both below full-year guidance.
  • Cash totaled USD 38.7 million, working capital increased to a record USD 70 million, with no debt.
  • Management said it is using cash flow to advance Ana Paula toward production and reiterated a goal of becoming a 500,000-ounce-a-year producer by end of decade.


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. Heliostar Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605120630NEWSFILECNPR____20260512_297069_1) on May 12, 2026, and is solely responsible for the information contained therein.

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