I-80 Gold Corp. reported revenue of $32.0 million for the third quarter ended September 30, 2025, up from $11.5 million in the prior-year period, primarily due to higher gold ounces sold at Granite Creek and a higher average realized gold price of $3,412 per ounce compared to $2,441 per ounce in Q3 2024. The company sold 9,368 gold ounces in the quarter, compared to 4,740 ounces in the same period last year. Gross profit reached $3.1 million, compared to a gross loss of $4.9 million in Q3 2024. Net loss for the quarter was $41.9 million, compared to a net loss of $43.1 million in the prior year. Cash and cash equivalents totaled $102.9 million, up from $21.8 million a year earlier. Key business developments included continued underground development at Granite Creek, the start of construction at the Archimedes underground project, and ongoing technical studies and permitting across the portfolio. The company remains on track to complete technical reports for its underground projects and the Lone Tree plant.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. I-80 Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-051685), on November 12, 2025, and is solely responsible for the information contained therein.
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