Business
Sierra Madre Gold and Silver Reports Q4 and Year-End 2025 Financial Results, Positive Operating Performance
628,196 Silver Equivalent Ounces Sold in 2025 Annual Net Revenues of US$25 Million and Adjusted EBITDA of US$6 Million Two-Stage La Guitarra Capacity
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":" 628,196 Silver Equivalent Ounces Sold in 2025 Annual Net Revenues of US$25 Million and Adjusted EBITDA of US$6 Million Two-Stage La Guitarra Capacity Expansion on Schedule for Phase 1 Commissioning by the End of Q2 2026 Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) (\"Sierra Madre\" or the \"Company\") is pleased to announce its audited consolidated financial results for the year ended December 31, 2025 including results for the fourth quarter. Unless otherwise noted, all amounts are expressed in U.S. dollars. Alex Langer, Chief Executive Officer, commented, \"As we report our full year results, 2025 marked a transformational year for the Company with the restart of La Guitarra at the start of 2025. On the mine operations front, we saw consecutive improvements in head grades through each quarter of 2025, as well as sequential increases in quarterly net revenues, for a total of US$24.96 million recorded for the year and US$2.57 million in income before income taxes. We also delivered on growth strategies, with the ongoing ramp up of two higher-grade centres – Coloso and Nazareno – as well as the start of a two-phase La Guitarra plant expansion that could more than double capacity by Q3, 2027. I would like to thank our team for delivering an exceptional first full year of operations at La Guitarra for Sierra Madre.\" Mr. Langer continued, \"Heading into 2026, we see several growth milestones on the horizon. The acquisition of the Del Toro mine is expected to close in May, and we are looking forward to replicating the successful restart of La Guitarra at a second site. We are also excited to see the start-up of Phase 1 of the La Guitarra plant expansion – expected to increase throughputs by +50% from current levels and positively impact costs from economies of scale. Prolonged power outages were caused by an extended rainy season in 2025, and we anticipate seeing fewer interruptions in 2026 with the installation of multiple backup diesel generators across our operations; which are currently underway. Exploration in the East District of La Guitarra – the first modern campaign – is expected to kick off in H2 2026 with over 30,000 metres of drilling planned. We look forward to delivering strong news flow over the rest of 2026.\" Full Year 2025 Highlights R...