Andean Precious Metals / APM (TSX)

Andean Precious Metals Reports Second Quarter 2025 Financial Results

(All amounts in U.S. dollars unless otherwise indicated)Toronto, Ontario--(Newsfile Corp. - August 12, 2025) - Andean Precious Metals Corp. (TSX: APM)...

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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 attributed to cash-flow generation (with a portion converted to marketable securities), additions to working capital, and paydown of the Company's revolving credit facilities.
• During Q2 2025, the Company paid down its existing revolving credit facilities to $nil.
• The Company is pleased to favourably update its 2025 San Bartolome financial metrics as well as to reaffirm its 2025 Production, CAPEX, and Golden Queen Guidance.

Golden Queen Results:

• Golden Queen produced 12,213 gold equivalent ounces in Q2 2025 versus 16,986 gold equivalent ounces in Q2 2024.
• Golden Queen OCC¹ of $1,717/oz and AISC¹ of $2,245/oz for Q2 2025 versus OCC of $1,471/oz and AISC of $1,752/oz for Q2 2024.

San Bartolome Results:

• San Bartolome produced 12,128 gold equivalent ounces in Q2 2025 versus 12,795 gold equivalent ounces in Q2 2024.
• Cash Gross Operating Margin ("CGOM")¹ of $13.89 per silver equivalent ounce sold and a Gross Margin Ratio ("GMR")¹ of 45.89% for Q2 2025, versus a CGOM of $5.03 per silver equivalent ounce sold and a GMR of 20.80% for Q2 2024.

Die Zahlen kommen gut an. Andean kennt nur eine Richtung. Eine wahre Freude!

Andean legt die Q3 zahlen vor. Durchwegs Positiv. Klein, aber fein.

Andean Precious Metals Reports Third Quarter 2025 Financial Results

Another Strong Quarter with Record Revenues, EBITDA, Earnings per Share and Liquid Assets (All amounts in U.S. dollars unless otherwise indicated) ...

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