Hemlo Mining

Hemlo Mining reported adjusted EPS of $0.09 for Q2/2026 (expectation $0.1113) and revenue of $142.5m (expectation $163.93m). The first full quarter under the owner-operator model was marked by planned operational changes; production and sold ounces fell temporarily. Management describes 2026 as a year of investment and aims to ramp up to 4,800 tonnes/day by year-end; cash stands at $130.2m with net debt of $19.8m. The stock ticked up modestly after the results (+1.9%) as investors weighed the company’s liquidity, profitability and expansion plans. » Más en de.investing.com

Hemlo Mining has scheduled a financial conference for August 11, 2026, where the results for the quarter ended June 30, 2026, will be presented. Seven analysts expect an average earnings per share for the past quarter of 0.062 USD (prior year: -0.010 CAD); the fiscal-year consensus is 0.374 USD per share (prior year: -1.410). The quarter revenue estimate from one analyst is 128.0 million USD, and the annual revenue forecast from seven analysts is 698.9 million USD (prior year: 0.0 CAD). » Más en finanzen.net

Shareholders of Hemlo Mining voted in favour of all items on the agenda, including the appointment of PricewaterhouseCoopers as auditor, the election of six directors and the relocation of the company’s registered office from British Columbia to Ontario. 79.13% of issued common shares were represented, and a special resolution to change the registered office was passed with 99.99% approval. Also approved were share options, a shareholder rights plan and an amended stock incentive plan, as well as final approval for listing on the Toronto Stock Exchange with the change expected to take effect on June 15, 2026. Hemlo Mining operates the Hemlo gold mine in northwestern Ontario and has a market capitalization of about USD 1.1 billion. » Más en de.investing.com