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International Tower Hill Mines Q1 FY26 net income swings to $2.27 million

PUBT·05/08/2026 20:33:29
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International Tower Hill Mines Q1 FY26 net income swings to $2.27 million
  • International Tower Hill Mines returned to profit in the quarter ended March 31, 2026, posting net income of USD 2.27 million, versus a net loss of USD 669,068 a year earlier.
  • Basic and diluted earnings were USD 0.01 per share, compared with a loss per share of USD 0.00 in the prior-year quarter.
  • Other income totaled USD 3.32 million, reflecting a foreign exchange gain of USD 2.68 million and interest income of USD 635,599.
  • Cash and cash equivalents climbed to USD 64.69 million at March 31, 2026 from USD 1.35 million at Dec. 31, 2025; working capital rose to USD 114.95 million from USD 1.02 million.
  • 2026 work program for Livengood Gold Project expected to cost USD 20 million to USD 25 million, including core drilling for metallurgical samples, metallurgical test work, feasibility studies, baseline environmental data collection, and community engagement.


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. International Tower Hill Mines Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057981), on May 08, 2026, and is solely responsible for the information contained therein.