Steppe Gold Posts Q2 2026 Financial Results with Improved Revenue and Production

Steppe Gold Ltd., the parent company of STGO (OTCQX: STPGF) and FSE: 2J9, reported its Q2 2026 financial results. The company produced 22,465 ounces of gold during this period, an increase from 13,000 ounces in the same quarter last year. Sales also rose to 13,724 ounces from 15,058 ounces sold in Q2 2025.

The average realized gold price was $4,493 per ounce in Q2 2026, a significant jump from $2,142 per ounce in the previous year's second quarter. Revenue increased to $61,848 during this period compared to $32,327 in Q2 2025.

However, the net loss attributable to shareholders was $175 for Q2 2026, down from a net profit of $8,998 in the same period last year. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached $46,626 for the quarter.

Steppe Gold's CEO, Tserenbadam Dugeree, stated that the company delivered strong operational performance in Q2 2026. The company completed a settlement with Triple Flag International Ltd., resolving outstanding obligations and establishing a revised long-term stream arrangement.