GoldMining Inc. reported Q1 fiscal 2026 net loss of $7.2 million, up from $4.9 million prior year, with cash increasing to $26.1 million amid $9.3 million ATM equity raise.
Key takeaways
Net loss $7,246 thousand for three months ended February 28, 2026 vs $4,891 thousand in 2025.
Operating loss widened to $7,285 thousand from $5,585 thousand year-over-year.
Cash and equivalents rose to $26,106 thousand from $24,937 thousand at November 30, 2025.
Issued 4,287,500 shares under ATM program for $9.32 million gross proceeds.
Total assets increased to $309,713 thousand from $265,545 thousand prior quarter.
Comprehensive income of $3,560 thousand driven by $13,733 thousand unrealized gain on long-term investments.