Idaho Copper FY27 Q2 net loss more than doubles to $2.21 million; operating expenses rise 53.03% to $1.07 million

• Idaho Copper posted a net loss of USD 2.21 million for the three months ended July 31, 2026, widening from USD 777,964.
• Operating expenses climbed to USD 1.07 million from USD 701,469, driven by higher operations expense, professional fees, payroll.
• Other expense widened to USD 1.13 million from USD 76,495, due to amortization of debt discount and higher interest expense.
• For the six months ended July 31, net loss widened to USD 3.72 million from USD 1.46 million as operating costs rose.
• Cash totaled USD 12.12 million at July 31; it estimates needing at least USD 20 million over 12 months to maintain operations.

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