Evolution Metals & Technologies is trading 5.9% down now at $2.85 after releasing second-quarter 2026 financial results before the August 17, 2026 session.

  • Revenue reached $1.6 million; adjusted net loss widened to $13.6 million from $7.4 million year over year.
  • Net loss improved to $11.9 million from $40.9 million, while operating loss increased to $12.2 million.
  • The release highlighted a $100 million financing facility and plans to scale rare-earth magnet production.