Kuya Silver posts Q2 loss as Bethania ramp-up lifts production costs above revenue, MD&A says
Reuters2026/08/14 22:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- For the quarter ended June 30, 2026, revenue was USD 1.25 million, weighed by USD 1.34 million of production costs during Bethania’s ramp-up.
- Net loss widened to USD 1.53 million, reflecting weaker operating margins, higher administrative spending, and higher share-based compensation.
- Administrative expenses rose to USD 1.1 million, driven mainly by higher marketing and investor relations, travel, consulting, and higher headcount.
- Bethania mined 5,097 wet tonnes, processed 5,075 dry tonnes, sold 17,450 oz of silver; realized silver price averaged USD 72/oz.
- Cash ended June at USD 25.53 million, supported by USD 21.64 million of share issuances; net working capital increased to USD 26.99 million.
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. Kuya Silver Corp. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.
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