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Monument Mining lost $12.3M in Q2 2026, down from $9.8M last year, due to lower prices, production, and higher costs.
Monument Mining reported its second quarter fiscal 2026 results, showing a net loss of $12.3 million, compared to a net loss of $9.8 million in the same period last year.
Revenue declined to $45.6 million from $52.1 million, primarily due to lower metal prices and reduced production volumes.
The company cited ongoing operational challenges and higher-than-expected costs as key factors.
Management reaffirmed its full-year guidance, emphasizing efforts to improve efficiency and reduce expenses.
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Monument Mining perdió $12.3M en el segundo trimestre de 2026, en comparación con $9.8M el año pasado, debido a precios más bajos, producción y costos más altos.