Sinda 3Q 2026: Net loss $14.9M, Diluted EPS $(0.10) — 10-Q Summary

Sinda Ltd. reported a net loss of $14.9 million in the third quarter of 2026, compared with a $2.8 million loss a year earlier, as exploration and general and administrative expenses increased. Diluted loss per share was $0.1, versus $0.02 in the prior-year quarter.

Financial Highlights

• Net loss was $14.9M, compared with a $2.8M net loss in 3Q 2025; the loss widened by $12.1M year over year.
• Diluted loss per share was $0.10, compared with $0.02 in 3Q 2025.
• Exploration expenses rose to $10.1M from $1.3M, while general and administrative expenses increased to $6.9M from $1.4M.

Business Highlights

• Phase II drilling advanced by 31,158 meters during the quarter, targeting resource expansion, infill, and evaluation of mineralized systems.
• Site earthworks for the Caracol exploration decline portal and waste rock storage area began in September, with 6,564 cubic meters moved by quarter-end.
• Sinda plans to advance exploration, underground development, engineering, and technical studies in parallel, including potential Initial Assessment and Pre-Feasibility Study work.
• Exploration spending increased as the drilling campaign launched in October 2025 expanded. Staffing and professional-service costs also rose as the company addressed public-company requirements.

Original SEC Filing: Sinda Ltd. [ SIND ] - 10-Q - Nov. 02, 2026