Discovery Silver Corp ( (DSVSF) ) has released its Q3 earnings. Here is a breakdown of the information Discovery Silver Corp presented to its investors.
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Discovery Silver Corp, a North American-focused precious metals company, operates in the gold and silver mining sectors, with significant assets in Canada and Mexico. The company recently reported its Q3 2025 earnings, highlighting a strong financial performance following its acquisition of the Porcupine Complex in Ontario. Discovery Silver Corp reported a notable increase in gold production and sales, with 63,154 ounces produced and 66,200 ounces sold, resulting in revenue of $237 million. The company achieved net earnings of $42.4 million, a significant turnaround from a loss in the previous year, and generated $86.8 million in free cash flow. With a cash position of $341.5 million and a new revolving credit facility, Discovery is well-positioned to fund its growth and optimization plans. Looking ahead, Discovery Silver Corp aims to enhance production rates and lower costs at its Porcupine Operations while advancing its Cordero project in Mexico, with a focus on sustainability and community engagement.