Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Andean Precious Metals ( (TSE:APM) ) has shared an announcement.
Andean Precious Metals reported fourth quarter 2025 production of 27,777 gold equivalent ounces and full-year output of 99,165 gold equivalent ounces, landing near the bottom of its annual guidance range. The company highlighted that fourth quarter consolidated silver output was roughly 1.4 million silver-equivalent ounces and about 4.8 million silver-equivalent ounces for the year, underscoring its meaningful silver leverage.
At Golden Queen, 2025 production reached 45,311 gold equivalent ounces, supported in the fourth quarter by improved leach-cell permeability and optimized ore blending and leaching strategies. The mine’s exploration program was expanded by roughly 3,800 metres of core drilling to test extensions of known mineralization, with an updated mineral resource estimate expected by mid-2026.
San Bartolome delivered 53,854 gold equivalent ounces in 2025, with ongoing efforts to maximize throughput, improve recoveries, and secure long-term ore supply. A June 2025 exclusive agreement with COMIBOL to acquire up to 7 million tonnes of oxide ore within 250 kilometres of the plant is expected to enhance feed security and support potential throughput growth, with first deliveries targeted by the end of 2026.
The company achieved record realized prices in the fourth quarter, with average realized gold and silver prices exceeding market spot levels and supporting margin strength. Management expects a well-balanced 2026 production profile, modestly second-half weighted due to mining sequences and ore delivery schedules, and believes that its capital program and cost structure position Andean to generate strong margins, free cash flow, and long-term shareholder value.
The most recent analyst rating on (TSE:APM) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Andean Precious Metals stock, see the TSE:APM Stock Forecast page.
Spark’s Take on TSE:APM Stock
According to Spark, TipRanks’ AI Analyst, TSE:APM is a Outperform.
The score is driven primarily by strong underlying financial performance (profitability and balance sheet strength) and supportive bullish technical trends. Valuation is only moderate due to the P/E level and no dividend yield data, while the latest earnings call was broadly positive but tempered by production challenges and lower-end production guidance.
To see Spark’s full report on TSE:APM stock, click here.
More about Andean Precious Metals
Andean Precious Metals Corp. is a Toronto-based precious metals producer focused on gold and silver, with key operations at the San Bartolome plant and the Golden Queen mine. The company targets exposure to both gold and silver prices and emphasizes disciplined capital allocation, cost competitiveness, and exploration-driven mine life extension in its Americas-focused portfolio.
Average Trading Volume: 581,386
Technical Sentiment Signal: Buy
Current Market Cap: C$1.53B
For a thorough assessment of APM stock, go to TipRanks’ Stock Analysis page.