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Gunnison Copper swings to profit with $23.6M revenue as Johnson Camp moves to active production

Company Fundamentals
13 Aug 2026
Proactive Investors
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Bullish
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Gunnison Copper Corp reported a net income of $13.1 million and revenue of $23.6 million in Q2 2026, driven by the ramp-up of its Johnson Camp operation. This marks a significant turnaround from a $2.9 million loss and $0.1 million revenue in the same period last year. The company also raised C$34.5 million in a public offering to fund project advancement and launched a $15 million drilling program to support a prefeasibility study, targeting completion in early 2028. Leadership was strengthened with new CEO and COO appointments, and the company settled $5.3 million in convertible debt, improving its financial position with $33.2 million in cash as of June 30, 2026.

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