Sinda Ltd. Reports Third Quarter 2026 Financial Results

Sinda Ltd. reported a third-quarter 2026 net loss of $14.9 million, or $0.10 per diluted share, compared with a $2.8 million loss, or $0.02 per share, a year earlier. The wider loss reflected exploration expenses rising to $10.1 million from $1.3 million and higher general and administrative costs tied to public-company requirements. The company advanced 31,158 meters of Phase II drilling and began site earthworks for the Caracol exploration decline. Sinda ended the quarter with $305.6 million in cash, which it expects to fund at least 12 months of operations.