Xali Gold swings to FY26 net loss of USD 1.35 million
Reuters2026/07/29 23:23- Xali Gold posted a net loss of USD 1.35 million for the year ended March 31, 2026, swinging from net income of USD 1.27 million a year earlier.
- Loss per share was USD 0.01, reversing from earnings per share of USD 0.01.
- Exploration expenses fell 68.22% to USD 274,797, while general and administrative costs rose 42.04% to USD 584,737.
- Cash climbed to USD 395,344 from USD 38,293, while unproven mineral right interests jumped to USD 10.72 million from USD 1.
- The company completed the Calipuy acquisition for the Pico Machay Gold Project, recording a deferred consideration liability of USD 10.14 million and asset retirement obligations of USD 480,995.
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