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Andean Precious Metals Reports Second Quarter 2025 Financial Results
Another Strong Quarter with Record Revenues and EBITDA; San Bartolome Financial Metrics Revised U...
About this update from Andean Precious Metals Corp
[{"type":"text","content":"Andean Precious Metals Reports Second Quarter 2025 Financial ResultsAnother Strong Quarter with Record Revenues and EBITDA; San Bartolome Financial Metrics Revised Upward(All amounts in U.S. dollars unless otherwise indicated)Toronto, Ontario--(Newsfile Corp. - August 12, 2025) - Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) (\"Andean\" or the \"Company\") is pleased to report its financial results for the three and six months ended June 30, 2025. This news release should be read together with Andean's management's discussion and analysis (\"MD&A\") and condensed interim consolidated financial statements for the three and six months ended June 30, 2025 (the \"Financial Statements\") which are available under the Company's profile on SEDAR+ (www.sedarplus.ca). Second Quarter 2025 Highlights:Consolidated revenue of $73.7 million from sales at an average realized gold price of $3,316/oz1 and an average realized silver price of $34.36/oz1 for Q2 2025 versus consolidated revenue of $69.8 million from sales at an average realized gold price of $2,305/oz and an average realized silver price of $27.80/oz for Q2 2024.Consolidated Q2 2025 production of 24,341 gold equivalent ounces.Gross operating income of $29.4 million for Q2 2025 versus $11.7 million for Q2 2024, mainly due to higher average realized gold and silver prices and lower operating costs at San Bartolome and Golden Queen.Income from operations of $24.5 million for Q2 2025 versus income from operations of $9.8 million for Q2 2024, mainly due to higher gross operating income partially offset by higher exploration and evaluation expenditures.Adjusted EBITDA2 of $28.9 million for Q2 2025 compared to adjusted EBITDA of $17.2 million for Q2 2024.Net income and net income per share of $17.4 million and $0.12 (diluted basis), respectively for Q2 2025, net income and net income per share of $9.4 million and $0.06 (diluted basis) for Q2 2024.The Company ended Q2 2025 with $87.3 million in liquid assets as compared to $72.0 million in liquid assets at the end of Q2 2024.The Company strengthened its balance sheet with $320.9 million in total assets as compared to $315.1 million in total assets at the end of Q4 2024, and $139.4 million in total liabilities at the end of Q2 2025 as compared to $164.1 million at the end of Q4 2024. The improved financial position is ...