Andean Precious Metals Corp - Mining Stock Analysis & Updates

Andean Precious Metals Reports First Quarter Operational Results

Andean Precious Metals Reports Fourth Quarter and Full Year 2024 Operating and Financial Results

Andean Precious Metals Corp. reported record revenues of $254 million and adjusted EBITDA of $62.9 million for 2024. The year marked significant operational achievements, including the full integration of Golden Queen, an uplist to TSX, and successful exploration initiatives.

Andean Precious Metals Provides Notice of Q4/FY 2024 Earnings Conference Call and Webcast

Andean Precious Metals Corp. will release its 2024 financial results on March 18, 2025, followed by a conference call on March 19 at 9:00 am ET. The company focuses on expanding its precious metals production in the Americas.

Andean Precious Metals Appoints President of the Company

Andean Precious Metals Corp. appointed Yohann Bouchard as President. With over 25 years in mining, he aims to enhance operational efficiency and shareholder value, while overseeing mining operations and contributing to the company's growth strategy.

Andean Precious Metals Recognized as a Top Performer of the TSX Venture Exchange in 2024 with the Inclusion in the 2025 TSX Venture 50 List

Andean Precious Metals Corp. has been recognized as a top performer on the TSX Venture Exchange for 2024, with an 84% increase in share price. The company attributes this success to strong operations and a commitment to sustainable growth and shareholder value.

Andean Precious Metals Signs Exclusive Agreement to Purchase up to 250,000 Tonnes of Oxide Material from COMIBOL in Bolivia

Andean Precious Metals Corp. has signed a Sale and Purchase Agreement with Bolivia's state mining company, COMIBOL, to acquire up to 250,000 dry tonnes of oxide material over 25 months, for $3 million, with quality controls and shared delivery responsibilities.

Andean Precious Metals Reports Initial Results from Phase 2 Exploration Drilling Program and Management Changes at Golden Queen

Andean Precious Metals Corp. reported promising initial results from its 2024 Phase 2 exploration drilling at the Golden Queen mine, with notable gold and silver intersections in the Silver Queen SE Extension target. The program aims to extend mine life by increasing mineral resources.

Andean Precious Metals Signs Exclusive Agreement to Purchase up to 100,000 Tonnes of Oxide Material from the Trapiche Concession in Bolivia

Andean Precious Metals Corp. has signed a Sale and Purchase Agreement with Empresa Minera Trapiche S.R.L. for up to 100,000 dry tonnes of oxide material from Bolivia. Initial delivery of 28,000 tonnes is due within 3 months, with compliance to quality and environmental standards.

Andean Precious Metals Establishes Automatic Share Purchase Plan

Andean Precious Metals Corp. announced an automatic share purchase plan (ASPP) approved by the TSX to facilitate the buyback of up to 7,490,221 common shares under its normal course issuer bid (NCIB), effective January 14, 2025, amidst regulatory restrictions.

Andean Precious Metals Receives Final Approval for Uplisting to Toronto Stock Exchange

Andean Precious Metals Corp. has received final approval to uplist its shares on the Toronto Stock Exchange, effective January 9, 2025, enhancing visibility and access to investors. The company will celebrate by participating in the TSX market opening.

Andean Precious Metals Renews Normal Course Issuer Bid Program

Andean Precious Metals Corp. plans to initiate a normal course issuer bid to buy back up to 7.49 million shares, representing 5% of its outstanding shares. This follows previous repurchases since 2022, with the new bid set to run from January 3, 2025, to January 2, 2026.

Andean Precious Metals Provides Update on Master Services Agreement Dispute with Silver Elephant

Andean Precious Metals Corp. disputes allegations of default by Silver Elephant Mining Corp. regarding a Master Services Agreement, claiming wrongful termination and unmet obligations by Silver Elephant. Andean is seeking legal counsel and sourcing alternative suppliers.

Andean Precious Metals Receives Conditional Approval for Graduation to the Toronto Stock Exchange

Andean Precious Metals Corp. has received conditional approval for its common shares to be listed on the Toronto Stock Exchange, transitioning from the TSX Venture Exchange. This uplisting enhances visibility, attracts investors, and boosts liquidity, marking a significant growth milestone.

Andean Precious Metals Reports Third Quarter 2024 Operating and Financial Results

Andean Precious Metals Corp. reported record financial results for Q3 2024, with a record $98.1 million in cash and investments, driven by a record $17 million in free cash flow and $23.4 million in operating cash flow. The company posted consolidated revenue of $68.4 million, and a gross profit of $21.4 million which was mainly due to strong average realized gold and silver prices and lower operating costs. The company also achieved a net income of $8.2 million, and produced 29,284 gold equivalent ounces. The Golden Queen operation produced 14,025 gold equivalent ounces, compared to 16,986 ounces in Q2 2024.