STOCK TITAN

Guanajuato Silver Company Ltd - GSVRF STOCK NEWS

Welcome to our dedicated news page for Guanajuato Silver Company (Ticker: GSVRF), a resource for investors and traders seeking the latest updates and insights on Guanajuato Silver Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Guanajuato Silver Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Guanajuato Silver Company's position in the market.

Rhea-AI Summary
Guanajuato Silver Company (GSVRF) reports record production and revenue for 2023, with a 64% increase in silver-equivalent ounces. The company's consolidated financial statements show a 79% revenue increase to $66.1M. Despite higher capital expenditures leading to cash costs of $18.22 per AgEq ounce and a net loss of $31.9M, Guanajuato Silver remains optimistic about its assets and production efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
-
Rhea-AI Summary
Guanajuato Silver Company (GSilver) reports a 16.1% increase in silver-equivalent production for Q1 2024, marking the best quarter in the company's history. Production highlights include 987,312 silver-equivalent ounces, with significant improvements in silver and gold recoveries. The company's strong start to the year is attributed to capex investments aimed at enhancing efficiencies across its production assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.21%
Tags
none
-
Rhea-AI Summary
Guanajuato Silver Company (GSVRF) announces the granting of 4.2 million stock options and 1.6 million restricted share units (RSUs) to select officers, directors, employees, and consultants. The stock options are exercisable for five years at $0.20 per share, with vesting over a 24-month period. The RSUs vest after twelve months, entitling the holder to one common share each.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.63%
Tags
none
Rhea-AI Summary
Guanajuato Silver Company Ltd. signs a new gold and silver processing agreement with REM Marfil, S.A. De C.V., aiming to process mineralized material from the La Providencia mine project at their El Cubo and Cata processing facilities in Guanajuato, Mexico. The Agreement covers 80,000 dry metric tonnes with a minimum head grade of 0.43 grams per tonne gold and 192 grams per tonne silver, sourced locally. The first concentrates are expected in April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
none
-
Rhea-AI Summary
Guanajuato Silver Company Ltd. (GSilver) increases Gold Loan Credit Facility to US$13.3 million with Ocean Partners UK Ltd. The facility will support production expansion in Mexico. The Expanded Facility is for 36 months with monthly gold repayments based on LBMA gold prices. GSilver also settles debt through shares issuance, including to insiders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
none
-
Rhea-AI Summary
Guanajuato Silver Company Ltd. announces a production update for January 2024, achieving the 2nd highest production level in its history with 329,934 silver-equivalent ounces. The company's operations include El Cubo, VMC, San Ignacio, Topia, and Horcon mines. A 3rd party processing agreement added 40,862 AgEq* ounces, representing 12% of total production. Total tonnes mined increased by 32% to 56,691 tonnes. The company is focusing on efficiency upgrades and securing additional 3rd party processing agreements for increased precious metals production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
none
Rhea-AI Summary
Guanajuato Silver Company Ltd. announces updates to its National Instrument 43-101 reports following a disclosure review by the British Columbia Securities Commission. The company will provide updated reports for its Valenciana, San Ignacio, and Topia mine assets, as well as an updated report for El Cubo. The current technical reports do not comply with NI 43-101 and are not to be relied upon until the updated reports are filed. The company anticipates having the updated reports filed within 45 days and does not anticipate any revision of its stated mineral resources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
-
Rhea-AI Summary
Guanajuato Silver Company Ltd. (GSVRF) has announced a new relationship with a Mexican silver mining company to process a portion of its surface inventory of mineralized material at its El Cubo mines complex. The agreement is expected to expand silver production in the Guanajuato area through the processing of low-cost and readily available material, utilizing excess capacity at the El Cubo mill. The first silver and gold concentrates from this processing agreement are expected to be generated before the end of January 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
Tags
none
-
Rhea-AI Summary
Guanajuato Silver Company Ltd. (GSilver) (TSXV:GSVR)(OTCQX:GSVRF) reports an 8% increase in silver-equivalent production in Q4 2023, with 850,214 silver-equivalent ounces, 394,971 ounces of silver, 4,395 ounces of gold, 837,230 pounds of lead, and 960,206 pounds of zinc. The company's 2023 production of 3,516,685 ounces falls within revised guidance figures and represents a 63% increase over the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
Rhea-AI Summary
Guanajuato Silver Company Ltd. (GSilver) (TSXV:GSVR)(OTCQX:GSVRF) settles $445,000 in outstanding liabilities by issuing 1,780,000 common shares at $0.25 per share, including shares to senior management. The debt settlement is subject to TSX Venture Exchange approval and related party transaction regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Guanajuato Silver Company Ltd

OTC:GSVRF

GSVRF Rankings

GSVRF Stock Data

70.14M
327.43M
8.1%
21.03%
Silver
Basic Materials
Link
Canada
Vancouver