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Guanajuato Silver Company
(GSVR)
Guanajuato Silver Company (GSVR) vs. iShares MSCI Canada ETF (EWC)
Guanajuato Silver Company Business Overview & Revenue Model
Guanajuato Silver Company Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 81.24M | 108.78M | 87.67M | 36.88M | 4.12M | 0.00 |
| Gross Profit | 9.41M | 3.55M | -15.63M | -6.88M | -2.23M | -15.92K |
| EBITDA | -589.25K | 1.63M | -14.23M | -13.71M | -9.07M | -2.18M |
| Net Income | -16.39M | -17.41M | -42.32M | -28.02M | -13.40M | -2.24M |
Balance Sheet | ||||||
| Total Assets | 116.37M | 102.37M | 99.64M | 85.65M | 51.32M | 10.24M |
| Cash, Cash Equivalents and Short-Term Investments | 16.20M | 4.22M | 2.59M | 8.83M | 8.23M | 5.32M |
| Total Debt | 16.64M | 22.38M | 23.07M | 20.43M | 8.76M | 27.70K |
| Total Liabilities | 90.74M | 83.89M | 85.34M | 53.14M | 20.52M | 274.86K |
| Stockholders Equity | 25.62M | 18.47M | 14.30M | 32.51M | 30.80M | 9.97M |
Cash Flow | ||||||
| Free Cash Flow | -2.90M | -8.85M | -15.06M | -18.67M | -15.34M | -2.47M |
| Operating Cash Flow | 1.70M | -3.43M | -8.15M | -15.06M | -8.93M | -2.07M |
| Investing Cash Flow | -6.59M | -7.56M | -7.57M | -11.85M | -13.96M | -1.03M |
| Financing Cash Flow | 18.68M | 18.60M | 6.52M | 27.13M | 27.12M | 7.88M |
Guanajuato Silver Company Technical Analysis
Guanajuato Silver Company Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$33.16B | 32.47 | 11.27% | 0.88% | 25.04% | ― | |
62 Neutral | C$15.04B | 179.32 | 3.44% | 0.12% | 88.70% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$191.82M | -60.44 | -5.64% | ― | ― | 13.33% | |
52 Neutral | C$136.45M | -17.91 | -8.15% | ― | 52.70% | 60.33% | |
50 Neutral | C$193.76M | -12.85 | -26.99% | ― | ― | 49.02% | |
46 Neutral | C$550.05M | -17.40 | -111.62% | ― | 5.58% | 50.96% |
Guanajuato Silver Company Corporate Events
Guanajuato Silver plans a record drilling campaign for 2026, with more than 75,000 metres of infill and exploration drilling across its five producing Mexican mines and the Horcon exploration asset, marking increases of over 700% versus 2025 and more than 1,600% versus 2024. Management says the expanded program is aimed at converting and growing mineral resources, establishing initial reserves at all operations except Bolanitos, and de-risking mine plans for 2026 and 2027, supported by permitting work already under way for surface campaigns, while 2025 output from Bolanitos and the company’s other four mines totaled roughly 1.85 million ounces of silver, over 25,000 ounces of gold, and meaningful lead and zinc production, underscoring a growing production base that could benefit from the planned stepped-up drilling.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.96 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver Company has been named to the 2026 OTCQX Best 50, recognizing it as one of the top-performing companies on the OTCQX Best Market based on 2025 total return and trading liquidity metrics. The accolade underscores the miner’s expanding profile among U.S. investors, highlighted by more than 300 million shares traded in the United States in 2025 and its strong volume presence on Canada’s TSX Venture Exchange, reinforcing its market visibility and potentially broadening its shareholder base as it continues to scale production from its Mexican operations.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.84 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver has closed the acquisition of the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver for total consideration of up to US$50 million, including US$40 million paid at closing in a mix of cash and shares and up to US$10 million in contingent payments tied to silver-equivalent production milestones. Bolanitos becomes the company’s fifth producing mine and brings a 1,600-tonne-per-day flotation plant that is currently under-utilized, allowing Guanajuato Silver to reconfigure its Guanajuato district into a more efficient hub-and-spoke processing model by directing ore from nearby San Ignacio to Bolanitos, a move expected to enhance throughput, recoveries, and overall operating economics while deepening Endeavour’s role as a strategic shareholder under a new investor rights agreement.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.74 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver Company has received conditional approval from the TSX Venture Exchange to proceed with its acquisition of the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver. Management describes the deal as transformative, expecting Bolanitos to become the company’s most significant operation and indicating that closing remains on track for January 2026, a move that would further consolidate Guanajuato Silver’s footprint and scale in the Mexican precious metals mining sector.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.63 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver Company Ltd. is optimizing its mining operations in the Guanajuato area as it prepares to close the acquisition of the Bolanitos gold-silver mine from Endeavour Silver Corp. This includes realigning mineral-transport routes and temporarily closing the Cata processing plant to maximize the utilization of its other facilities. The acquisition is expected to enhance the company’s operational efficiency and cost-effectiveness. Additionally, Guanajuato Silver is addressing a legal challenge from NucTech Mexico regarding compensation for mineral sorting equipment, with plans to appeal a court ruling requiring payment of damages.
The most recent analyst rating on (TSE:GSVR) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver Company Ltd. reported a significant improvement in its financial position for Q3 2025, with a working capital increase of $11.3 million and positive cash flows from operations totaling over $3 million for the first nine months of the year. The company achieved a production of 457,525 silver-equivalent ounces and made substantial capital investments aimed at boosting operational efficiency and long-term production capabilities. These developments indicate a strategic shift towards enhanced financial health and operational growth, positioning the company for sustained success in the mining sector.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.44 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.
Guanajuato Silver Company Ltd. has entered into an agreement to acquire the Bolanitos gold-silver mine in Guanajuato, Mexico, from Endeavour Silver Corp. for up to $50 million. This acquisition will expand the company’s resource base and production capabilities, making Bolanitos its fifth producing mine in Mexico. The integration of the San Ignacio Mine into the Bolanitos Mines Complex is expected to improve economics and extend mine life by reducing transportation costs and increasing mill utilization. Additionally, the acquisition includes the historic Cebada mine, which the company plans to reactivate as a key exploration and development project. This strategic move aims to strengthen Guanajuato Silver’s position as a mid-tier precious metals producer in Mexico.
The most recent analyst rating on (TSE:GSVR) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Guanajuato Silver Company stock, see the TSE:GSVR Stock Forecast page.