Andean Precious Stock Price, News & Analysis

Andean Precious Metals (OTCQX: ANPMF) reported its Q2 2025 operational results, achieving 24,341 gold equivalent ounces production, bringing H1 2025 total to 45,702 ounces. The company operates two mines: Golden Queen produced 12,213 gold equivalent ounces, while San Bartolome contributed 12,128 gold equivalent ounces.

Production improved over Q1 2025, with the company trending at the top end of guidance. The production profile is weighted approximately 40% in H1 and 60% in H2. Management expects further ramp-up at both operations in the second half, aligned with mine plans. Financial results will be released on August 12, 2025.

Andean Precious Metals (OTCQX:ANPMF) held its Annual General and Special Meeting of Shareholders on June 27, 2025, with 85.74% of total shares represented. Shareholders overwhelmingly approved all management resolutions, including the election of seven directors, who each received over 98.9% approval.

The meeting also saw strong support for other key matters, including the appointment of auditors (99.99% approval), the LTIP Resolution (99.44% approval, excluding insider shares), and a proposed change of name (99.89% approval).

Andean Precious Metals has secured a significant 10-year Sale and Purchase Agreement with COMIBOL, Bolivia's state-owned mining company, to acquire up to 7 million tonnes of oxide ore. The agreement focuses on mining concessions within 250km of the San Bartolome processing facility. The company has made an initial purchase of 250,000 tonnes, with subsequent purchases to be made in 50,000-tonne tranches. This strategic move aims to increase mineral processing rates and improve silver production by utilizing the mill's 5,000 tonnes per day capacity with minimal capital investment. Andean will cover COMIBOL's operating costs and work collaboratively to obtain necessary environmental permits and social licenses.

Andean Precious Metals (ANPMF) reported strong Q1 2025 financial results with record quarterly revenue of $62.0 million and adjusted EBITDA of $21.9 million. The company achieved consolidated production of 21,361 gold equivalent ounces, benefiting from higher realized gold ($2,694/oz) and silver ($31.91/oz) prices. Net income reached $14.6 million ($0.10 per share), compared to a loss in Q1 2024. The company's balance sheet strengthened with $75.7 million in liquid assets and $320.0 million in total assets. Both San Bartolome and Golden Queen operations showed improved performance, with Golden Queen producing 11,189 gold equivalent ounces and San Bartolome producing 10,172 gold equivalent ounces. The company also announced exploration program results at Golden Queen and appointed Yohann Bouchard as President.

Andean Precious Metals (OTCQX: ANPMF) has reported positive 2024 exploration results and outlined its 2025 program at the Golden Queen mine in California. The 2024 campaign, completed in two phases, included 29 shallow RC drill holes (4,617m) and 23 core holes (4,123m). Key highlights include: extension of mineralization by 100m at Silver Queen Southeast, with hole SQ24-06 yielding 1.67 g/t gold and 8 g/t silver over 5.49m; significant results at Alphason including hole AL24-02 with 0.88 g/t gold and 10 g/t silver over 92.96m; and promising findings at the new Hilltop target. For 2025, the company has allocated $2.8 million for approximately 4,267 meters of core drilling, focusing on the Silver Queen Southeast Extension, Hilltop area, and Alphason target. An updated Technical Report is expected in H1 2026.

Andean Precious Metals (ANPMF) reported Q1 2025 operational results with 21,361 gold equivalent ounces produced, aligning with expectations despite seasonal impacts. The company achieved 11,078 gold ounces and 925,000 silver ounces production.

Production was split between two main operations: Golden Queen contributed 11,189 gold equivalent ounces, while San Bartolome produced 10,172 gold equivalent ounces. The company's production profile is weighted toward H2 2025, with 40% expected in H1 and 60% in H2.

Total gold equivalent ounces sold reached 22,251, showing an increase from 20,868 in Q1 2024. Both operations are expected to contribute equally to total production through the remainder of 2025, keeping the company on track to meet its full-year guidance.

Andean Precious Metals (ANPMF) reported record performance for FY2024, achieving revenues of $254 million and adjusted EBITDA of $62.9 million. The company produced 106,287 gold equivalent ounces across its operations, with Golden Queen contributing 54,275 ounces and San Bartolome producing 4.5 million silver equivalent ounces.

Financial highlights include $34.5 million in free cash flow, net income of $19.2 million ($0.12 per share), and a strengthened balance sheet with $81.6 million in liquid assets, up from $70.1 million in 2023. The company successfully uplisted to the TSX and renewed its Normal Course Issuer Bid program.

For 2025, Andean projects consolidated production of 103,000-117,000 gold equivalent ounces, with planned capital expenditures of $28-32 million. The company expects continued strong performance based on commodity market strength and operational efficiencies.

Andean Precious Metals (TSX: APM, OTCQX: ANPMF) has scheduled its Q4 and full-year 2024 earnings release for March 18, 2025, after market close. The company will host a conference call and webcast to discuss the results on March 19, 2025 at 9:00 am ET.

Investors can access the conference call through North American toll-free number 1-833-821-0164 or 1-647-846-2305 for international calls. The webcast will be available through the company's website or via direct registration link. A replay of the webcast will remain accessible for 90 days through both the company website and the webcast platform.

Andean Precious Metals (TSX: APM, OTCQX: ANPMF) has appointed Yohann Bouchard as President, effective immediately. Bouchard, who joined the company's Board of Directors in November 2022, brings over 25 years of technical and operations experience in the mining industry.

Most recently, Bouchard served as Executive Vice President and Chief Operating Officer at New Gold, where he led successful projects including the early achievement of commercial production at New Afton's C-Zone and the first development ore mining at Rainy River's Underground Main Zone. Previously, he held the position of Senior Vice President and Chief Operating Officer at Yamana Gold, managing mining operations across the Americas.

In his new role, Bouchard will oversee Andean's mining operations and participate in the company's strategic growth initiatives while continuing to serve on the Board as a non-independent director and chair of the Health, Safety, Sustainability and Environmental Committee.