Goldstone Resources
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Goldstone Resources (GRL) investor relations material

Goldstone Resources H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary1 Jul, 2026

Executive summary

  • 2025 was a year of transition, focusing on stabilizing operations at the Homase Mine, improving production consistency, and strengthening financial and governance frameworks.

  • The company advanced exploration at Homase and initiated early-stage activities in Sierra Leone, identifying initial gold mineralization.

  • Additional funding was secured post-year-end, enhancing liquidity and operational flexibility.

Financial highlights

  • Revenue for 2025 was $11.17 million, up from $4.95 million in 2024, driven by increased gold production (2,912.2 troy ounces in 2025 vs. 2,155.7 in 2024).

  • Gross profit rose to $6.75 million (2024: $3.14 million), but administrative expenses increased to $9.91 million (2024: $5.25 million).

  • Operating loss widened to $3.16 million (2024: $2.11 million), and net loss from continuing operations was $9.49 million (2024: $4.15 million).

  • Cash and cash equivalents at year-end were $435k (2024: $96k); net assets stood at $11.7 million (2024: $10.5 million).

  • No dividend was declared for 2025.

Outlook and guidance

  • The company enters 2026 with a strengthened platform, aiming for improved operational performance and long-term value creation.

  • Priorities for 2026 include stabilizing and growing production at Homase, expanding the oxide resource base, advancing sulphide development, and disciplined pursuit of new opportunities.

Detail the AIMSL gold loan restructuring terms
Impact of the 2025 Ghana Gold Board Act
Status of the Sierra Leone exploration entry
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H1 202628 Sep, 2026
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