Andean Precious Metals (TSE:APM)
TSX:APM
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Earnings Data
Report Date
Aug 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.16Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:May 12, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed strong operational execution and materially improved financial results (record revenue, high EBITDA, meaningful free cash flow and a robust liquidity position), driven largely by San Bartolome's production and favorable metal prices. Management reiterated full‑year guidance, confirmed capital allocation discipline, and outlined strategic initiatives including a planned NYSE listing and continued exploration. The primary risks discussed were timing of CapEx (concentrated later in the year), production weighting to H2, and exposure to silver price volatility. Overall, the positives substantially outweigh the concerns.Company Guidance
Record Quarterly Revenue and Profitability
Revenue of $163.1 million in Q1 2026 (record quarter), up ~163% year-over-year; adjusted EBITDA of ~$71 million; net income of ~$48.2 million (or $0.32 per diluted share).
Strong Free Cash Flow and Liquidity
Generated approximately $40 million in free cash flow in Q1 and ended the quarter with over $204 million in liquid assets (≈$115M cash & cash equivalents and ≈$90M in marketable securities), providing flexibility for growth and M&A.
Consolidated Production Growth
Consolidated production increased ~28% versus Q1 2025 and improved quarter-over-quarter versus Q4 2025, reflecting operational momentum across both assets.
San Bartolome Operational and Margin Expansion
San Bartolome produced ~15,847 gold equivalent ounces in Q1 (≈+56% YoY) and ~1.23M oz of silver (≈+45% YoY). Average daily throughput rose to ~4,500 tpd and average head grade increased ~28% YoY. Cash gross operating margin exceeded $36 per silver equivalent ounce (vs ~$30 in prior year) and gross margin ratio exceeded 45%, driven by higher realized silver prices, improved grades and higher throughput.
Golden Queen Performance and Cost Discipline
Golden Queen produced ~11,500 gold equivalent ounces (≈10,600 oz of gold) and generated ~$55 million of revenue driven by higher realized gold prices. Operating cash cost was ~$1,596/oz sold and all-in sustaining cost (AISC) was ~$1,859/oz sold; operations performed in line with expectations with strong cash flow in the quarter.
Significant Financial Improvement vs Prior Year
Gross operating income increased to ~$75.6 million from ~$23 million in Q1 2025 (substantial YoY improvement). Finance costs declined modestly year-over-year due to lower utilization of the revolving credit facility and long-term bank debt remained stable at ~ $39 million.
Strategic and Growth Initiatives Progressing
Announced intention to list on the NYSE (expected by late September), completed a non-dilutive secondary by PMB Partners to increase public float, and appointed Victor Flores as SVP of Exploration, Operations and Growth. Exploration: Phase 1 drilling (~10,000 m) due for completion mid‑June and evaluation of a Phase 2 program underway; updated Golden Queen technical report expected end of Q3.
TSE:APM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:APM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | C$7.15 | C$7.75 | +8.39% |
Mar 25, 2026 | C$6.35 | C$6.50 | +2.36% |
Nov 11, 2025 | C$7.12 | C$7.54 | +5.90% |
Aug 12, 2025 | C$4.42 | C$4.84 | +9.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Andean Precious Metals (TSE:APM) report earnings?
Andean Precious Metals (TSE:APM) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
What is Andean Precious Metals (TSE:APM) earnings time?
Andean Precious Metals (TSE:APM) earnings time is at Aug 18, 2026, Before Open (Confirmed).
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What is TSE:APM EPS forecast?
Currently, no data Available