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PPX Mining swings to Q2 FY26 profit of CAD 6.05 million

PUBT·08/27/2026 16:35:36
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PPX Mining swings to Q2 FY26 profit of CAD 6.05 million
  • PPX Mining swung to net income of CAD 6.05 million in the three months ended June 30, from a year-ago loss.
  • Operating loss widened to CAD 1.51 million from CAD 824,781, driven by higher office and miscellaneous expense of CAD 850,326.
  • Net profit interest income climbed to CAD 8.08 million from CAD 153,466; foreign exchange shifted to a loss of CAD 5.45 million.
  • Cash rose to CAD 7.6 million at June 30 from CAD 5.16 million at Sept. 30; total assets increased to CAD 63.46 million.
  • Short-term investment was CAD 14 million, reflecting GICs purchased Feb. 3, 2026 at 2.45% interest with a one-year maturity.


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