What you need to know: • Andean reported its Q1 production results, producing 21.4Koz AuEq between its Golden Queen and San Bartolome assets. • Production was lower than expected but APM stated it remains on track to achieve its 2025 guidance, noting that Q1 is typically its weakest quarter. • APM plans to release its Q1 financials after market on May 6th, with the conference call being held on May 7th at 9AM ET. This morning, Andean Precious Metals (APM:TSX, ANPMF:OTC) announced its Q1/25 ope...
Quarterly Coverage Update Q1/25 represented another excellent quarter for our firm, with strong performance from our coverage universe. This mainly came from our exposure to precious metals, notably silver. Our coverage universe was up 13% during the quarter and 40% over the last year, compared to the TSX, which was up 0.1% and 12%, respectively. The performance in Q1 was led by Santacruz Silver (+80%), Omai Gold Mines (+80%), and Tocvan Ventures (+67%). We also proudly hosted another Investor ...
What you need to know: • The metals and mining market showed a third straight month of strong gains in March as investors moved into safe haven assets to protect from trade tensions and economic uncertainty. • In March, gold was up 3.4%, silver was up 0.8%, and copper was up 6.1%. The equities largely outperformed compared to the commodities, with the GDX up 15.7%, GDXJ up 17.6%, and SIL up 13.6%. • The Trump administration announced an executive order to increase American mineral production acr...
What you need to know: • Andean reported strong Q4 financial and operating results from both of its assets with Golden Queen producing 11.8Koz AuEq (+106% YoY) and San Bartolome producing 1.4Moz AgEq (+14% YoY). • Revenue in Q4 came in at $72.8M (+49% YoY) vs. our estimate of $69.3M, supported by the strong precious metals prices. Adjusted EBITDA was $18.9M (+272% YoY) compared to our estimate of $17.1M. • APM ended the year with $101.0M in cash and $70.3M in debt. Yesterday after market clos...
What you need to know: • Andean Precious Metals is generating growing cash flows from its San Bartolomé processing plant in Bolivia and Golden Queen mine in California. • APM has an excellent balance sheet, with $27M in net cash, allowing the Company to pursue organic growth, M&A, and share buybacks. • APM is tightly held, with its CEO owning 53% and Eric Sprott owning 15%. • APM trades at 2.2x/1.9x 2024E/2025E EBITDA, a discount to its peers. Andean Precious Metals (APM:TSX, ANPMF:OTC) owns ...
Toronto, Ontario--(Newsfile Corp. - August 11, 2021) - Andean Precious Metals Corp. (TSXV: APM) ("Andean" or the "Company"), a precious metals production and exploration company, is expected to report its 2021 second quarter financial results on Tuesday, August 24, 2021, after market close. Senior management will host a conference call to review the second quarter results on Wednesday, August 25, 2021, at 8:30 a.m. ET.Telephone Dial-In Access InformationTo access the conference call by telephone, dial 416-915-3239 or 1-800-319-4610. Please connect approximately 15 minutes prior to the beginnin...
Toronto, Ontario--(Newsfile Corp. - July 8, 2021) - Andean Precious Metals Corp. (TSXV: APM) ("Andean" or the "Company"), a precious metals production and exploration company, today announced the voting results from the Company's Annual General and Special Meeting of Shareholders (the "Meeting") held on Wednesday, July 7, 2021.A total of 134,474,428 common shares were voted at the Meeting, being 85.50% of the Company's total issued and outstanding common shares. A majority of shareholders voted in favour of all of the management resolutions brought before the Meeting, including:The number of d...
Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Andean Precious Metals Corp. (TSXV: APM) ("Andean" or the "Company"), a precious metals production and exploration company, today reported its operational and financial results for the first quarter ended March 31, 2021. All amounts are expressed in U.S. dollars unless indicated otherwise.Q1 2021 HighlightsFree cash flow(1,2) of $10.9 million, an increase of $9.8 million compared to Q1 2020;Ending cash balance of $69.2 million, an increase of $59.6 million compared to March 31, 2020;Silver equivalent production(3) and sales of 1.5 million oun...
Toronto, Ontario--(Newsfile Corp. - May 5, 2021) - Andean Precious Metals Corp. (TSXV: APM) ("Andean" or the "Company"), a precious metals production, development and exploration company headquartered in Toronto, Ontario, is pleased to announce that it has retained Hybrid Financial Ltd. ("Hybrid") to perform marketing services for the Company (the "Services"). Hybrid has been engaged to heighten market and brand awareness for Andean and to broaden Andean's reach within the investment community through various channels including, but not limited to, direct telephone and e-mail marketing.The Co...
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