Nevada Canyon Gold Corp. (NGLD) Form 10-Q — Aug 14, 2026
Nevada Canyon Gold Corp. reported a Q2 2026 net loss of $550,735, up from $365,117 a year earlier, driven by higher Lapon Canyon exploration spending and new non-cash director and officer stock compensation. The six-month net loss narrowed roughly 30% to $874,602 from $1,247,387, and the exploration-stage company again recorded no revenue. Cash stood at $4,922,840 with working capital of $3,524,746 at June 30, 2026, after a $532,454 operating cash burn in the first half and no financing or investing cash flows.
Key figures
- Total Assets
- 7884951
- Cash Position
- 4922840
- Shares Outstanding
- 28593327
- Working capital
- 3524746
- Wrr shares held
- 511750
- Total liabilities
- 1458377
- Mre costs incurred
- 58540
- Options outstanding
- 1800000
- Stockholders equity
- 6426574
- Warrants outstanding
- 124994
- Wrr shares value usd
- 86433
- Options exercise price
- 0.83
- H1 2026 interest income
- 77140
- Warrants exercise price
- 1.2
- H1 2026 operating expenses
- 947622
- Q2 2026 operating expenses
- 562624
- H1 2026 exploration expenses
- 433570
- Q2 2026 exploration expenses
- 349439
- Lapon canyon cumulative spend
- 2029828
- Lapon canyon earn in commitment
- 5000000
- Mineral property carrying value
- 2815395
AI analysis
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