Category: Investor’s Corner

Equinox Gold reported strong Q1 2026 results with gold production of 197,628 ounces and revenue of $861.6 million, while remaining on track to meet annual guidance. The company repaid $990 million in debt, continued ramp-ups at Greenstone and Valentine in Canada, launched a share buyback program, and declared a second quarterly dividend as it advances toward a long-life Canadian gold production platform.

Coeur Mining reported strong Q1 2026 results with revenue of US$856 million, operating cash flow of US$341 million, and net income of US$247 million (US$0.35/share). Adjusted EBITDA reached a record US$475 million, driven by higher metal prices and contributions from the recently acquired New Gold assets, strengthening Coeur’s position as a leading North American precious metals producer.

Endeavour Silver reported record Q1 2026 financial results, with revenue rising 230% to US$209.7 million and net earnings reaching US$64.9 million compared to a US$32.9 million loss in Q1 2025. Higher silver and gold prices, combined with major production growth from the Terronera and Kolpa operations, drove a 78% increase in silver-equivalent production to 3.34 million ounces.

Torex Gold Resources Inc. announced an enhanced capital return program targeting US$350 million to shareholders in 2026 through dividends and share buybacks. The company increased its quarterly dividend 7% to C$0.16/share and repurchased over 2.4 million shares to date. Torex said it will continue funding growth initiatives at Morelos, Los Reyes, and exploration projects in Mexico and Nevada.

GoGold Resources Inc. reported record quarterly operating cash flow driven by strong performance at its Parral tailings operation in Chihuahua. The company highlighted robust revenues, strong net income, and a cash balance of approximately US$245 million, positioning it to advance construction plans at the Los Ricos South project in Jalisco while awaiting final permits.

Orogen Royalties Inc. announced the appointment of Chad Wells to its Board of Directors. Wells brings more than 25 years of experience in mineral royalties, project generation, and exploration agreements. The company said his expertise in royalty portfolio creation and capital allocation will support Orogen’s continued growth strategy in North America.

Heliostar Metals announced a management reorganization to advance the Ana Paula gold project in Guerrero toward production. Dennis Wilson was appointed VP HSE&S, while Hernan Dorado was promoted to VP Operations overseeing La Colorada and San Agustin. CEO Charles Funk said the restructuring shifts focus from restarting operations in 2025 to developing Ana Paula in 2026.

Equinox Gold declared a quarterly cash dividend of US$0.015 per common share, payable on June 5, 2026, to shareholders of record on May 21, 2026. The dividend is designated as an eligible dividend for Canadian tax purposes and reflects the company’s confidence in its strengthened balance sheet, growing cash flow, and long-term growth strategy.

Pan American Silver reported strong Q1 2026 financial results driven by solid production, higher metal prices, and disciplined cost management. The company generated $488 million in free cash flow, increased cash and short-term investments to a record $1.8 billion, and introduced an enhanced shareholder return framework targeting up to $1 billion in dividends and share buybacks during 2026.

Pan American Silver announced an enhanced shareholder return framework targeting the return of 35%–40% of annual attributable free cash flow through dividends and share buybacks. Supported by strong cash generation and record liquidity, the company expects to return up to US$1 billion to shareholders in 2026, including approximately US$305 million in dividends.