Discovery Inc.
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Discovery Reports Q3 2025 Gold Production of 63,154 Ounces and $86.8 Million Free Cash Flow
Discovery (DSVSF) reported strong Q3 2025 results, boosted by the Porcupine Complex acquisition. Gold production reached 63,154 ounces, generating $237.0M in revenue and $42.4M net earnings ($0.05/share). Operating cash flow was $153.5M, yielding $86.8M in free cash flow. The company’s cash position strengthened to $341.5M. A new $250M revolving credit facility provides further liquidity. However, the average gold grade decreased, and shares outstanding significantly increased due to share issuance. Exploration results were encouraging.
