AltynGold (ALTN) Q2 2026 TU earnings summary

Executive summary

• Produced 15,610 oz of gold in Q2 2026, up 23.3% from Q1, maintaining trajectory for full-year guidance of 52-55Koz.

• Sekisovskoye plant operated at full 1 Mtpa capacity after 2024 upgrade, with ore mined and processed rising 15.5% and 12.4% QoQ.

• Gold poured increased 24.2% QoQ to 13,242 oz, though 4.8% lower YoY due to lower grade profile.

Financial highlights

• Total revenue rose 4.6% QoQ to $58.9 million, and 31.8% YoY, driven by higher realised gold prices.

• Gold sold increased 13.6% QoQ to 13,096 oz, offsetting a 7.3% QoQ drop in average realised price to $4,459/oz.

• Average realised gold price up 38.4% YoY to $4,459/oz.

Outlook and guidance

• On track to meet full-year production guidance of 52-55Koz.

• Management is advancing studies and licensing for the next growth phase, with updates expected in coming months.