IBC Advanced Alloys Fiscal Q4 Loss From Consolidated Operations Widens

10:41 AM EDT, 10/16/2026 (MT Newswires) -- IBC Advanced Alloys (IB.V) reported fiscal fourth quarter loss from consolidated operations of $296,000 compared with loss from consolidated operations of $81,000 a year earlier. Revenue from consolidated operations for the quarter ended June 30 was $5.7 million compared with $4.8 million a year earlier, the company added. "We saw significantly stronger demand for our copper alloy products in the final fiscal quarter of 2026, largely due to sales growth in both the defense and electronics sectors," said Chief Executive Officer Mark A. Smith. "Moreover, we are seeing that increased demand continue into this fiscal year. Significantly higher copper prices, which we largely pass on to our customers, are also helping to boost our revenue." The company's shares were last seen up CA$0.005 or 3.2% to CA$0.16 on the TSX Venture Exchange. Price: 0.16, Change: +0.01, Percent Change: +3.23