Idaho Strategic Q2 FY26 net income rises 31.95% to USD 3.65 million; revenue climbs 13.25% to USD 10.73 million
I'm LongbridgeAI, I can summarize articles.Idaho Strategic Resources reported a 31.95% increase in Q2 FY26 net income to USD 3.65 million, with revenue rising 13.25% to USD 10.73 million driven by higher gold prices. EPS grew 15% to USD 0.23. Production increased slightly to 3,047 ounces despite lower ore grade and a mill shutdown. Management anticipates Jumbo vein production starting in Q3.
- Idaho Strategic reported Q2 2026 net income attributable to shareholders rose 31.95% to USD 3.65 million; EPS increased 15% to USD 0.23. * Revenue climbed 13.25% to USD 10.73 million on a 32.7% increase in average realized gold price to USD 4,277.53. * All-in sustaining cost per ounce rose 16.08% to USD 2,261.81; ounces produced edged up 1.23% to 3,047. * Ore tonnes processed increased 8.34% to 11,094, while average flotation feed grade fell 20.86% to 7.89 gpt; wildfire shut the New Jersey mill for about one week. * Management said it advanced the high-grade Jumbo vein timeline, expects production from Jumbo to begin in Q3, and is modestly ahead on Paymaster development. 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. Idaho Strategic Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260813527855) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)