Capital released its Q1 2026 trading update this morning, reporting a record quarter with revenue of $101.7m. The core drilling business contributed 62% of total revenue. Drilling activity had a strong start to the year, up 8.8% YoY and 4.3% QoQ. Mining also posted impressive growth, rising 2,900% YoY and 65.1% QoQ, driven by activity at Reko Diq and the commencement of the second mining contract at Sukari during the quarter. MSALABS experienced a 54.8% growth YoY and a modest decline of 3.2% Qo ....
21 Apr 2026
Q1 2026 Trading Update
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Q1 2026 Trading Update
Capital Limited (CAPD:LON) | 127 0 0.0% | Mkt Cap: 286.1m
- Published:
21 Apr 2026 -
Author:
David Butler | Gabriele Ejikeme -
Pages:
4 -
Capital released its Q1 2026 trading update this morning, reporting a record quarter with revenue of $101.7m. The core drilling business contributed 62% of total revenue. Drilling activity had a strong start to the year, up 8.8% YoY and 4.3% QoQ. Mining also posted impressive growth, rising 2,900% YoY and 65.1% QoQ, driven by activity at Reko Diq and the commencement of the second mining contract at Sukari during the quarter. MSALABS experienced a 54.8% growth YoY and a modest decline of 3.2% Qo ....