Overview

* Dundee Q2 net income falls to C$19.9 mln, down from C$52.9 mln last year

* Company starts recognizing revenue from Borborema Gold Project royalty interest

* Dundee maintains strong cash position with no debt at parent level

Outlook

* Company sees recurring revenue from Borborema Gold Project strengthening financial position

Result Drivers

* ROYALTY REVENUE - Recognition of revenue from Borborema Gold Project royalty interest marks start of new recurring revenue stream

* INVESTMENT GAINS - Investments in Saturn Metals, New World Resources, and Ausgold contributed positively to net income

* CAPITAL ALLOCATION - Participation in private placements, including SPC Nickel and Maritime Resources, supports future growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS C$0.2

Q2 Net C$19.90

Income mln

Press Release:

(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.)