The following tables present consolidated selected financial and operating results of the Company for the three and nine months ended September 30, 2026, and 2025:
| · · · · · · · · · · · · · |
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| · · Three months ended September 30, · · Nine months ended September 30, · |
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| | | 2026 | | 2025 | | 2026 | | 2025 | |
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| · · (in thousands, except per share) · |
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| Revenue from gold and silver sales (1) | | $43,640 | | $50,534 | | $176,923 | | $132,930 | |
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| Production costs applicable to sales (1) | | $(32,797) | | $(35,233) | | $(99,586) | | $(82,571) | |
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| Gross profit (1) | | $3,954 | | $7,816 | | $55,529 | | $30,167 | |
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| Net (loss) income | | $(36,655) | | $(462) | | $6,330 | | $(3,692) | |
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| Net income (loss) per share | | $(0.60) | | $(0.01) | | $0.11 | | $(0.07) | |
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| Adjusted EBITDA (2) | | $(10,850) | | $11,815 | | $53,989 | | $38,007 | |
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| Cash from (used in) operating activities | | $(29,862) | | $5,215 | | $28,462 | | $3,761 | |
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| Additions to mineral property interests and plant and equipment | | $17,586 | | $25,363 | | $57,435 | | $35,012 | |
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| (1) | Excludes results from the San José mine, which is accounted for under the equity method. |
| (2) | This is a Non-GAAP financial performance measure. See “Non-GAAP Financial Performance Measures” beginning on page 47. |
| · · · · · · |
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| | | September 30, 2026 | | December 31, 2025 |
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| · · (in thousands, unless otherwise indicated) |
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| Cash and cash equivalents | | $49,116 | | $51,015 |
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| Current assets | | $101,450 | | $107,886 |
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| Current liabilities | | $75,865 | | $63,809 |
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| Long-term debt | | $117,783 | | $126,168 |
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| | | | | | | | | | | | | | |
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| · · Three months ended September 30, · · Nine months ended September 30, · |
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| · · 2026 · · 2025 · · 2026 · · 2025 · |
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| · · · |
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| GEOs produced (1) | | | 22,852 | | | 29,662 | | | 84,195 | | | 81,346 | |
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| 100% owned operations | | | 11,066 | | | 14,676 | | | 40,807 | | | 41,718 | |
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| San José mine (49% attributable) | | | 11,786 | | | 14,986 | | | 43,388 | | | 39,628 | |
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| GEOs sold (1) | | | 20,268 | | | 26,134 | | | 81,467 | | | 77,988 | |
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| 100% owned operations | | | 10,689 | | | 14,968 | | | 40,389 | | | 42,563 | |
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| San José mine (49% attributable) | | | 9,579 | | | 11,166 | | | 41,078 | | | 35,425 | |
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| Average realized price ($/GEO) (2)(3) | | | $4,151 | | | $3,477 | | | $4,514 | | | $3,218 | |
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| P.M. Fix Gold ($/oz) | | | $4,262 | | | $3,457 | | | $4,545 | | | $3,201 | |
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| Cash costs per ounce ($/GEO sold) (2) | | | | | | | | | | | | | |
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| 100% owned operations | | | $3,107 | | | $2,366 | | | $2,579 | | | $1,943 | |
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| San José mine (49% attributable) | | | $2,916 | | | $2,196 | | | $2,525 | | | $2,355 | |
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| AISC per ounce ($/GEO sold) (2) | | | | | | | | | | | | | |
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| 100% owned operations | | | $3,606 | | | $2,639 | | | $3,035 | | | $2,364 | |
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| San José mine (49% attributable) | | | $3,414 | | | $2,771 | | | $2,946 | | | $2,881 | |
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| Gold : Silver ratio (1) | | | 68 : 1 | | | 88 : 1 | | | 62 : 1 | | | 92 : 1 | |
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| (1) | Silver production is presented as a gold equivalent with a gold : silver ratio of 68 : 1 for Q3/26, and 88 : 1 for Q3/25 |
| (2) | This is a Non-GAAP financial performance measure. See “Non-GAAP Financial Performance Measures” beginning on page 47. |
| (3) | On sales from 100% owned operations only, excluding sales from our streaming arrangement at the Fox Complex. |
