Overview
* Prairie Provident Q3 2025 production up 6% yr/yr due to increased Basal Quartz output
* Company reports Q3 2025 net loss of C$6.9 mln, a C$12 mln reduction from Q3 2024
* Operating netback for Q3 2025 decreased 27% due to lower pricing and higher expenses
Outlook
* Company did not provide specific guidance for future quarters or full year
Result Drivers
* PRODUCTION INCREASE - Q3 2025 production rose 6% yr/yr due to increased Basal Quartz output
* HIGHER OPERATING EXPENSES - Operating expenses increased 13% due to higher spending on chemicals, maintenance, and workovers
* NET LOSS FACTORS - Net loss of C$6.9 mln due to lower operating netbacks and higher expenses
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -C$6.90
Income mln
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)