Imperial Reports Third Quarter 2026 Financial Results
Imperial Metals reported Q3 2026 revenue of $149.9 million, down from $168.8 million a year earlier, with net income falling to $1.2 million ($0.01 per share) from $38.5 million ($0.23 per share). The decline reflects lower copper grades and recovery at Mount Polley (cash cost swung to $1.66/lb from -$0.07/lb) plus a 29% copper and 43% gold production drop at Red Chris, despite record copper prices averaging US$6.41/lb. Mount Polley 2026 guidance was cut to 16.0-18.0 million pounds copper due to Phase 5 pushback delays.
Key figures
- Eps
- 0.01
- Revenue
- 149876000
- Guidance
- Mount Polley 2026 production revised to 16.0-18.0 million pounds copper and 30,500-33,700 ounces gold; consolidated 2026 guidance of 79.0-87.0M lbs copper and 87,500-96,500 oz gold may be difficult to meet
- Revenue Yoy
- -11.2%
- Capex
- 64600000
- Net income
- 1161000
- Total debt
- 250890000
- Cash earnings
- 44933000
- Adjusted ebitda
- 45144000
- Government grant
- $500 million
- Gold production oz
- 11648
- Adjusted net income
- 1197000
- Avg gold price usd oz
- 4266
- Copper production lbs
- 8535703
- Avg copper price usd lb
- 6.41
- Cash earnings per share
- 0.25
- Block cave phase1 gold oz
- 3.0 million
- Cash cost per lb copper usd
- 1.66
- Block cave phase1 copper lbs
- 1.8 billion
- Red chris gold production yoy
- -43%
- Red chris copper production yoy
- -29%
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