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Serabi Gold (SRB) investor relations material
Serabi Gold Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the six months ended 30 June 2026 was $100.1M, up 60% year-over-year, driven by higher gold prices and increased bullion sales.
Net profit for the six months was $30.1M, a 59% increase from $18.9M in the prior year period.
Gold sales totaled 21,348 ounces, up 6% year-over-year, with average realized gold price rising 52% to $4,687/oz.
Financial highlights
Gross profit for the six months was $50.3M, up from $28.3M year-over-year.
Operating profit reached $40.0M, compared to $22.7M in the prior year.
Basic and diluted EPS for the six months were 39.71c, up from 24.99c year-over-year.
Cash and cash equivalents increased to $65.7M from $49.2M at year-end 2025.
Total assets rose to $237.1M as of 30 June 2026, up from $199.4M at year-end 2025.
Outlook and guidance
Management expects continued gold production at Palito Complex and Coringa, assuming regulatory approval to increase ore transport or receipt of full mining concession by Q4-2026.
Even if production at Coringa is suspended, cash flow forecasts indicate sufficient resources for ongoing operations.
- Aggressive growth, strong financials, and leading ESG drive value in Brazil's Tapajós goldfields.SRB
Investor presentation - Revenue and profit surged on higher gold prices and output, with strong cash and no debt.SRB
Q1 2026 - Record production, robust cash flow, and first dividend mark a transformative year.SRB
Q4 2025 - Three-phase strategy targets 100koz+ gold output, doubling resources and strong ESG focus.SRB
Investor presentation - Revenue and profit surged in H1 2024, fueled by higher gold output and prices.SRB
Q2 2024 - Production growth, higher margins, and strong cash flow drive a positive financial outlook.SRB
Q3 2024 - Record revenue, strong cash flow, and ambitious growth targets supported by operational progress.SRB
Q4 2024 - Q1 2025 saw record gold sales, strong profit growth, and a robust cash position.SRB
Q1 2025 - Revenue and profit surged on higher gold prices and increased production at Coringa.SRB
Q2 2025
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