Published: 5/26/2026 9:00:46 AM
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The commodities company Nidhogg Resources, as planned, showed no revenue for the first quarter of the year. Profit after tax amounted to SEK -0.4 million (-0.4). Earnings per share improved to SEK -0.04 (-0.05). During the quarter, the company continued work in exploration and project development. Among other things, ground-based magnetic surveys have been planned within the Sellnäs field and Klintberget, while the environmental process for Vintjärn advanced after notice from Falu Municipality that the planned operations are not assessed to have a significant environmental impact. Operations are preliminarily expected to be able to start during the third quarter of 2026. The company also carried out two directed set-off issues to Industrikronan to strengthen liquidity and improve the equity ratio. After the end of the quarter, the company states that magnetic surveys in the Sellnäs field, Klintberget and Tuna Hästberg have shown anomalies that support the company’s geological models and may form the basis for continued exploration and future drilling programs. Nidhogg Resources, SEK millionQ1 2026Q1 2025Operating profit-0.3-0.4Profit before tax-0.4-0.4Net profit-0.4-0.4Earnings per share, SEK-0.04-0.05
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