Torq Resources FY26 Q2 net loss narrows to C$2.06 million

Reuters2026/08/27 01:59

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Torq Resources posted a Q2 net loss of CAD 2.06 million, narrowing from CAD 6.61 million a year earlier.
Loss attributable to shareholders improved to CAD 1.94 million from CAD 6.44 million; loss per share narrowed to CAD 0.01 from CAD 0.04.
Exploration and evaluation spending fell to CAD 948,563 from CAD 5.31 million, pulling total operating expenses down to CAD 1.44 million from CAD 5.91 million.
Cash ended June 30 at CAD 731,089, down from CAD 2.45 million at Dec. 31; accounts payable and accrued liabilities rose to CAD 3.26 million.
Operating cash outflow improved to CAD 4.11 million for the six months, versus CAD 8.07 million a year earlier.

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. Torq Resources Inc. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Torq Resources FY26 Q2 net loss narrows to C$2.06 million

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