Novo Resources FY26 H1 net loss narrows to C$3.93 million
Reuters2026/08/17 02:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Novo Resources posted a net loss of CAD 3.93 million for the six months ended June 30, 2026, narrowing from CAD 5.85 million.
- Basic and diluted loss per share improved to CAD 0.009 from CAD 0.017.
- Operating cash outflow tightened to CAD 2.86 million from CAD 4.91 million, while cash rose to CAD 9.43 million from CAD 7.62 million.
- Other income climbed to CAD 3.25 million from CAD 1.66 million, including CAD 3.2 million of dividend income.
- Exploration expenditure increased to CAD 4.14 million from CAD 3.75 million, while general administration held steady at CAD 2.65 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. Novo Resources 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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