Gunnison Copper Q3 Revenue Climbs 53% to $36.1 Million

Gunnison Copper Corp. posted $36.134 million in revenue for the three months ended Sept. 30, 2026, up 53% from the prior quarter as output at its Arizona mine increased. Net income was $12.739 million, or $0.03 per share. The financial results were prepared under IFRS Accounting Standards.

Copper cathode sales generated $21.295 million in revenue, while deferred mining and processing demonstration services contributed $14.7 million. Revenue was $23.612 million in the second quarter. In the year-earlier quarter, revenue was $2.9 million, with a net loss of $22.9 million and a loss of $0.06 per share.

Johnson Camp Mine produced 3,423,948 pounds of copper cathode, up 71% from the second quarter. Sales totaled about 3.31 million pounds, an increase of 46%, at an average realized price of $6.41 per pound. The mine achieved commercial production in September.

Third-quarter net income included noncash fair-value adjustments associated with the Nuton Stage 2 payable and copper-stream derivative liabilities. Gunnison had $23.5 million in cash and cash equivalents at Sept. 30, 2026.