Denarius Metals Posts $8.05 Million in Q3 Revenue, $45.88 Million Loss

Denarius Metals Corp. posted $8.047 million in revenue and a $45.883 million net loss for the quarter ended Sept. 30, 2026, as gold sales rose sharply from a year earlier. Loss per share was $0.12 on both basic and diluted bases.

Revenue was up from $456,000 in the year-earlier quarter. Gross profit increased to $2.943 million from $107,000. Operating income was $952,000, compared with an operating loss of $1.394 million a year earlier.

A $44.2 million loss on financial instruments, recognized in conjunction with the early redemption of the company’s debentures, was the principal driver of the quarterly net loss.

Denarius Metals sold 1,744 ounces of gold, up from 113 ounces a year earlier. The company is in an early production phase at its Zancudo Project in Colombia.