Mineros SA ( (TSE:MSA) ) just unveiled an update.
Mineros S.A. reported record financial results for the first quarter of 2025, with revenue reaching $160.6 million, a 41% increase from the previous year, driven by a 39% rise in the average realized price of gold. The company produced 54,243 ounces of gold and 77,259 ounces of silver, though silver production saw a significant decline. Net profit also reached a record $38 million, reflecting a 127% increase, with earnings per share at $0.13. The strong financial performance is attributed to high gold prices and effective operations, particularly at the Hemco Property, despite mixed results in production costs across different operations.
More about Mineros SA
Mineros S.A. operates in the mining industry, focusing primarily on the production of gold and silver. The company has operations in Nicaragua and Colombia, and it emphasizes partnerships with artisanal miners to enhance its production capabilities.
Average Trading Volume: 257,343
Technical Sentiment Signal: Buy
Current Market Cap: C$590.8M
Learn more about MSA stock on TipRanks’ Stock Analysis page.