Guanajuato Silver Company Reports Positive Q1 2025 Results

Guanajuato Silver Company Ltd. has announced a significant increase in its mine operating income for the first quarter of 2025. The company reported a record income of $4.8 million, an 82% increase from the previous quarter. This marks the fourth consecutive quarter of positive operating income for the company. Revenue for Q1 reached $21.3 million, up 12% from the previous quarter, driven by higher average realized prices for silver and gold.

The company noted improvements in operating costs, with cash costs down to $19.19 per silver equivalent ounce and an All-In Sustaining Cost (AISC) of $23.41 per ounce. Silver equivalent production was slightly up, reaching 738,006 ounces, including notable outputs of silver, gold, lead, and zinc. Adjusted EBITDA saw a rise of 135% to $4.1 million.

Additionally, Guanajuato Silver appointed Dan Oliver as Lead Independent Director, emphasizing its commitment to strong corporate governance.