Heliostar Metals

Heliostar Metals produced a record in Q2 2026 of just under 15,000 ounces of gold and about 80,000 ounces of silver, generated revenue of $56.5 million and a net profit of $8 million ($0.03 per share). The mining operating result was $31.1 million with an operating margin of 55.1%, and the company closed the quarter debt-free with $43 million in cash. Heliostar confirmed its annual guidance of 50,000–55,000 ounces of gold for 2026 but pointed to higher AISC costs and an expected production decline at La Colorada in H2; Ana Paula and the Veta Madre open pit remain key growth projects. » More on de.investing.com

Heliostar Metals produced 9,165 ounces of gold equivalent in Q3 2025 and sold 7,709 ounces, with an operating result from mining operations of $14.2 million. The company reports a cash position of $35 million with no debt; cash costs were $1,500/oz and AISC $1,825/oz. The share price rose 8.74% after the results. Heliostar plans commercial production at Ana Paula by 2028, is targeting project financing of $150–200 million, and expects a preliminary feasibility study for Ceredigaya in December. Risks cited include potentially higher restart costs, gold price volatility, and dependence on successful project financing. » More on de.investing.com