Metalla Royalty and Streaming Ltd. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Surge to $2.7M, Net Loss of $1.6M, Adjusted EBITDA Climbs to $1.5M
Metalla Royalty and Streaming Ltd. announced its financial results for the second quarter ending June 30, 2025. The company reported revenue from royalty interests of $2.7 million, a significant increase from $875,000 in the same period last year. However, the net loss was reported at $1.6 million, slightly higher than the $1.5 million loss reported in the second quarter of 2024. The adjusted EBITDA showed a positive trend, rising to $1.5 million from $165,000 in the previous year's second quarter. Additionally, the total attributable Gold Equivalent Ounces (GEOs) increased to 840 from 401. In terms of operational updates, Metalla successfully closed its inaugural revolving credit facility and recommissioned the Endeavor Mine. The Endeavor Mine produced 5,398 dry metric tonnes of silver-lead concentrate in July, with anticipated cash flows expected in the third quarter. Furthermore, Hudbay announced a joint venture with Mitsubishi Corporation for a 30% interest in Copper World, and Equinox Gold's Castle Mountain was accepted into the United States Federal Permitting Improvement Steering Council's FAST-41 Program. These developments are seen as crucial steps towards progressing these assets to a construction decision.
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