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Mineros SA ( (TSE:MSA) ) has issued an update.
Mineros S.A. reported record financial results for 2024, driven by high gold prices, with revenues reaching $538.6 million and net profits of $86.6 million. The company produced 213,245 ounces of gold and 765,611 ounces of silver, with notable production increases in Nicaraguan operations, despite a decline in Colombian production. Operational successes include effective partnerships with artisanal miners and meeting production guidance, although costs were slightly above projections due to strong gold prices.
More about Mineros SA
Mineros S.A. operates in the precious metals industry, primarily focused on the production and sale of gold and silver. The company has operations in Colombia and Nicaragua, engaging in partnerships with artisanal miners and implementing efficiency measures to enhance production, with a market focus on benefiting stakeholders and improving local communities.
YTD Price Performance: 55.48%
Average Trading Volume: 137,211
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$501.2M
See more data about MSA stock on TipRanks’ Stock Analysis page.