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Mahvie Minerals (MAHVIE) investor relations material
Mahvie Minerals Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 marked by progress in the Haveri gold project in Finland and strengthened financial position.
Initial mineral resource estimate for Haveri: 1.5 million tons at 2.4 g/t gold, with additional exploration targets identified.
Strengthened organization with a dedicated Study Manager and advanced environmental studies.
Åkerberg project in Sweden advanced with geophysical surveys and planning for a 3,000-meter drilling program.
Financing secured through a directed share issue and successful warrant exercise, raising over 27 MSEK in total.
Financial highlights
Revenue for Q1 2026 was 0 TSEK, unchanged year-over-year.
Net loss after tax for Q1 2026 was -2,163 TSEK, compared to -1,206 TSEK in Q1 2025.
Earnings per share for Q1 2026 was -0.01 SEK, improved from -0.02 SEK in Q1 2025.
Equity at March 31, 2026: 54,099 TSEK (33,176 TSEK in Q1 2025); cash and cash equivalents: 16,974 TSEK (2,055 TSEK in Q1 2025).
Total cash flow for Q1 2026 was 10,054 TSEK (380 TSEK in Q1 2025).
Outlook and guidance
Continued focus on advancing Haveri and Åkerberg gold projects through drilling, technical, and environmental studies.
Strategic intent to demonstrate commercial mineral assets and expand through exploration and acquisition.
- Åkerberg acquisition, Haveri studies, and 14.6 MSEK share issue mark a pivotal year.MAHVIE
Q4 202517 Feb 2026 - Q3 2025 saw no revenue, a net loss, strong cash inflow, and strategic gold project expansion.MAHVIE
Q3 202511 Nov 2025 - Q2 net loss narrowed, gold focus sharpened, and 15 MSEK rights issue over-subscribed.MAHVIE
Q2 202519 Aug 2025 - No revenue, narrowed loss, and positive ore modeling mark Mahvie Minerals' Q3 2024.MAHVIE
Q3 202413 Jun 2025 - No revenue, robust equity, and Mofjell ranks among top global zinc projects.MAHVIE
Q2 202413 Jun 2025 - Q1 net loss narrowed as Mahvie Minerals advanced Haveri drilling and secured new funding.MAHVIE
Q1 20256 Jun 2025 - Net loss narrowed in 2024 as Mahvie Minerals advanced Haveri and secured new project funding.MAHVIE
Q4 20245 Jun 2025
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