Patriot Gold Q1 FY26 net loss narrows to $273,021; reports no revenue
PATRIOT GOLD CORPORATION
PATRIOT GOLD CORPORATION PGOL | 0.00 |
- Patriot Gold posted a net loss of $273,021 for quarter ended March 31, 2026, narrowing from a net loss of $400,106 a year earlier.
- No revenue was recorded, with no Moss Mine royalty revenue in the quarter.
- General and administrative expense fell 25.62% to $215,339, while mineral and exploration expense declined 37.98% to $12,311.
- Cash used in operations widened to $168,399 from $115,940, while total assets stood at $177,977 against total liabilities of $2.3 million at March 31, 2026.
- Management expects about $1 million of spending during 2026 and said additional funding may be needed over the next 12 months.
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. Patriot Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-004011), on May 15, 2026, and is solely responsible for the information contained therein.
