The miner reported a 791% year-over-year surge in operating income to $7.0 million for the quarter.
Silver X Mining reported Q1 GAAP earnings per share of $0.01 and revenue of $13.4 million. Operating income reached $7.0 million, marking a 791% increase from $0.8 million in the same period last year and an 89% rise from $3.7 million in Q4 2025.
Net income for the quarter totaled $4.6 million. The company’s operating income growth outpaced revenue gains, reflecting improved margins and cost efficiencies during the period.
No immediate market reaction was disclosed in the release.