)
Metals Exploration (MTL) investor relations material
Metals Exploration H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 generated US$54.7m of positive free cash flow while Runruno operations ran down; La India construction reached 56% completion at 30 June and 74.4% by the report date.
First gold pour at La India remained on track for December 2026; Runruno mining was forecast to cease in Q4 2026.
Financial highlights
Revenue was US$100.0m vs US$118.9m YoY; operating profit was US$30.2m vs US$29.1m, and profit before tax was US$26.7m vs US$16.8m.
Profit for the period was US$22.1m vs US$16.5m; profit attributable to equity holders was US$22.2m vs US$16.5m.
Runruno sales revenue was US$100.0m on 21,373 oz sold, vs US$118.9m on 41,240 oz; realized price was US$4,677/oz vs US$2,884/oz.
Net cash from operating activities was US$38.0m vs US$59.6m; investing activities used US$72.3m vs US$45.6m.
Outlook and guidance
La India first gold pour remains targeted for December 2026; commercial production is expected from Q1 2027.
La India construction was 74.4% complete at the report date; total budget increased marginally to ~US$180m due to logistics costs and new import duties.
Runruno mining is forecast to cease in Q4 2026; H2 head grade and recovery are expected to improve as deeper Stage 5 and 6 ore is processed.
Batong Buhay drilling is expected to commence in Q4 2026 following pre-drilling activities.
- Record cash flow and on-schedule La India build drive growth, with strong exploration upside.MTL
Corporate presentation - Nicaragua gold project targets 145,000 ounces annually as Philippine operations wind down.MTL
Mining Forum Americas 2026 - Record financial results and La India project progress set the stage for future growth.MTL
H2 2025 - Record cash flow and acquisitions drive growth, with La India targeting 145,000oz by 2026.MTL
Investor update - Expanding gold output and resources via acquisitions and exploration, with strong ESG and safety record.MTL
Corporate presentation - Acquisitions, record production, and ESG leadership drive growth and future expansion.MTL
Investor update - Record gold output and cashflow drive growth, with La India on track for Q4 2026 production.MTL
Investor update - Record financials and La India development drive growth, supported by strong ESG and exploration.MTL
Corporate presentation - Record revenue, debt-free status, and strategic acquisitions drive growth and future outlook.MTL
H2 2024
Next Metals Exploration earnings date
Next Metals Exploration earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage
)