Loop Industries reported a Q2 fiscal 2027 adjusted loss of $0.06 per share, slightly worse than the expected $0.05 loss, but an improvement from last year's $0.07 loss per share. Revenue was $117,000, well below estimates, coming from engineering services rather than product sales. The company scaled down its planned India facility capacity to 45 kilotonnes annually to reduce construction costs and financing needs. Loop is exploring financing options amid limited liquidity, holding $836,000 in cash and $1.9 million in total available liquidity as of August 31, 2026. This restructuring aims to support faster development with lower capital requirements.
Loop Industries Q2 2027 results and India facility plans provide context for readers. As of Oct 16, 2026 20:11 WIB, among 83 priced Basic Materials-sector US stocks tradable on Pluang, 33 rose and 41 fell. Notable movers include Steel Dynamics Inc. (STLD) at USD 243.90 with a 1-day change of +1.30%, SSR Mining Inc. (SSRM) at USD 31.37 down 1.20%, and Hecla Mining Company (HL) at USD 15.38 down 1.19% with 100% buy order activity on Pluang.
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