StocksMedium•13 November 2026•
1 min read
Heliostar Revenue Rises 17% to $66.3M on Strong Gold Sales in Q3
Key Facts
1Heliostar reported Q3 revenue of $66.3 million, a 17% increase compared to the second quarter.
2Gold sales jumped 22% to 14,603 ounces, driving net income up to $10.2 million from $8.0 million.
Heliostar reported Q3 2026 revenue of $66.3 million, marking a 17% increase over the previous quarter. According to news reports, gold sales jumped 22% to 14,603 ounces, which drove net income up to $10.2 million from $8.0 million in the prior period.
The company demonstrated strong operational growth with record earnings and a debt-free balance sheet, even as the average realized gold price slipped to $4,243 per ounce. All-in sustaining costs (AISC) improved, falling to $1,948 per ounce, while the cash position grew by $10.6 million to reach $53.6 million as of September 30, 2026.