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Stakeholder Reports Gross Margin of 76.9% for H1.2025
Newsfile· 2025-09-03 13:00
Core Insights - Stakeholder Gold Corp. reported a gross margin of 76.9% on quartzite sales amounting to $911,837 CAD in H1 2025, with revenues increasing by 153% year-over-year from $359,908 CAD in H1 2024 [1] - The company’s wholly owned subsidiary, Victoria Mining Corporation, has commissioned 2 new quarries in Brazil, increasing the total to 3, which are expected to significantly contribute to revenue and profit margins [2] - A recent executive order exempted Brazilian quartzites from U.S. trade tariffs, benefiting Brazil's stone exporters and allowing VMC to sell quartzites in the U.S. without tariffs [3] Financial Performance - Revenues rose by 38% quarter-over-quarter from $383,911 CAD in Q1 2025 to $527,926 CAD in Q2 2025 [1] - The company is experiencing a robust return of demand for its exotic blue quartzite product, produced at its first operating quarry [4] Strategic Developments - The company is expanding its product range and developing direct sales lines into the UK, Canada, and other international markets [4] - Stakeholder is utilizing cash flow from its stone quarry business to fund exploration and preserve treasury shares for potential gold and copper discoveries in the Yukon Territory [5] Project Updates - Stakeholder is filing assessments for work done on the Ballarat project in 2025 and securing the project’s paid-up claim status until April 15, 2033 [6]