An update from Andean Precious Metals ( (TSE:APM) ) is now available.
Andean Precious Metals reported record revenues of $254 million and an adjusted EBITDA of $62.9 million for 2024, highlighting a transformative year with the integration of Golden Queen into its portfolio. The company achieved these results despite operating near the lower end of its production range, demonstrating strong market conditions and operational efficiencies. The uplisting to the TSX and the renewal of the Normal Course Issuer Bid program were significant milestones, enhancing market visibility and shareholder value. Looking ahead to 2025, Andean plans to focus on value creation and growth, with a conservative production forecast and significant capital expenditures planned to support operational stability and efficiency.
More about Andean Precious Metals
Andean Precious Metals is a company operating in the mining industry, focusing on the production of gold and silver. The company has a significant presence in the commodity markets and is known for its operational efficiency and strategic growth initiatives.
YTD Price Performance: 50.0%
Average Trading Volume: 123,318
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$254.7M
For a thorough assessment of APM stock, go to TipRanks’ Stock Analysis page.