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The latest update is out from Sierra Madre Gold & Silver Ltd. ( (TSE:SM) ).
Sierra Madre Gold and Silver Ltd. announced record production for January 2025 at its Guitarra Mine Complex in Mexico, marking a significant milestone as it achieved full commercial production at the start of the year. The company shipped 349.48 dry metric tonnes of concentrate, with a weighted average silver grade of 2,429 grams per tonne and gold at 32.124 grams per tonne, with further production insights to be shared quarterly, reflecting its first commercial production quarter.
More about Sierra Madre Gold & Silver Ltd.
Sierra Madre Gold and Silver Ltd. is a precious metals development and exploration company focusing on the Guitarra mine in the Temascaltepec mining district and the Tepic property in Nayarit, Mexico. The company operates a permitted underground mine with a 500 t/d processing facility and has a management team with significant experience in managing gold and silver mineral reserves.
YTD Price Performance: 25.00%
Average Trading Volume: 69,259
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$67.56M
For an in-depth examination of SM stock, go to TipRanks’ Stock Analysis page.