Guidance MissFull-year silver and gold production at San Dimas missed mine level guidance, impacted by labor negotiations earlier in the year.
Production DeclineThe company produced 21.7M silver equivalent ounces, representing a 14% decrease year-over-year, driven by a 21% decrease in gold ounces and an 18% decrease in silver production.
Production EstimatesLower-than-forecasted grades at San Dimas resulted in silver and gold production being well below estimates, offsetting Santa Elena's strong production beat.