Quarterly ResultAug 11, 2026, 04:43 PM
Elemental Royalty Reports Record Q2 GEOs 5,248 & Operating Cash Flow $15.5M
AI Summary
Elemental Royalty Corporation reported strong Q2 2026 results, achieving record quarterly Gold Equivalent Ounces (GEOs) of 5,248 and record operating cash flow of US$15.5 million. Revenue surged to US$23.8 million, a 127% increase year-over-year, with adjusted EBITDA reaching US$17.4 million. The company remains on track to meet its 2026 GEO sales guidance and continued strategic growth with the proposed acquisition of Vizsla Royalties, a new royalty acquisition, and shareholder returns through dividends and share repurchases.
Key Highlights
- Record quarterly Gold Equivalent Ounces (GEOs) of 5,248, up from 3,184 in Q2 2025.
- Record operating cash flow of US$15.5 million, an 8% increase over Q2 2025.
- Quarterly revenue of US$23.8 million, up 127% over Q2 2025.
- Adjusted EBITDA of US$17.4 million, a 99% increase over Q2 2025.
- On track to meet 2026 guidance of 17,000-21,000 GEOs.
- Entered definitive agreement for the acquisition of Vizsla Royalties.
- Declared quarterly dividend of US$0.03 per share and repurchased US$2.0 million in shares.
- Acquired 2.5% NSR royalty on Western Queen Gold Project for A$10 million.
Price Impact
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