Talon Metals Reports $51.5M Revenue in Q2 2026 Post-Eagle Mine Acquisition
Talon Metals achieved $51.5 million in revenue for Q2 2026, marking a return to profitability following the acquisition of Eagle Mine. The company reported significant gains in EBITDA and net income, underscoring the impact of its recent operational enhancements.
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Talon Metals reported revenue of $51.5 million for Q2 2026, driven by the acquisition of Eagle Mine in January 2026. The quarter also yielded $11.4 million in EBITDA and $12.6 million in adjusted EBITDA, with net income at $3.2 million or $0.02 per share.
Operational challenges related to mobile equipment at Eagle Mine were resolved mid-quarter, leading to improved production rates. Cash flow from operations reached $1.3 million, and working capital rose to $61.3 million from $19.3 million at year-end 2025. The Tamarack Nickel-Copper-Cobalt Project in Minnesota saw $5.3 million in exploration expenditures and advanced permitting processes.
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