- Guanajuato Silver press release (OTCQX:GSVRF): FY GAAP EPS of -$0.10.
- Revenue of $66.17M (+79.4% Y/Y) misses by $11.09M.
- Consolidated revenue for the year was generated by a realized average price of $23.41 per silver ounce, $1,947 per gold ounce, $0.97 per pound of lead, and $1.22 per pound of zinc.
- Record production for 2023 of 3.5 million silver-equivalent ounces representing a 64% increase over 2022; total AgEq ounces are derived from 1,756,911 ounces of silver, 16,987 ounces of gold, 3,555,466 pounds of lead and 3,868,262 pounds of zinc.
- 2023 saw average silver recoveries of 84.5% and average gold recoveries of 88.8%.
- Total tonnes mined was up 46% over 2022, reflecting the continued ramp-up of production at all four producing silver mines; total tonnes milled was up 42% over same period.
- As of December 31, 2023, the company had cash and cash equivalents of $1.96 million.
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