Guanajuato Silver Company Ltd. (TSE:GSVR) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Guanajuato Silver Company Ltd., a fast-growing precious metals producer, has fully repaid its $7.5 million loan to OCIM Metals & Mining S.A., underlining the company’s improved financial position and operational success in Mexico. This move not only demonstrates the company’s enhanced financial flexibility but also signifies its strategic progress with four producing mines. With only one gold loan credit facility remaining, the company showcases strong production figures, averaging over 1600 ounces of gold and 137,000 ounces of silver per month.
For further insights into TSE:GSVR stock, check out TipRanks’ Stock Analysis page.