Andean Precious Metals turns to Q2 FY26 net loss of $14.01 million; revenue falls 8.27% to $67.64 million
Reuters2026/08/12 00:12Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Andean Precious Metals posted a Q2 net loss of USD 14.01 million, swinging from profit; revenue fell 8.27% to USD 67.64 million.
- Operating income dropped 55.55% to USD 10.91 million; adjusted EBITDA (non-GAAP) slid 45.82% to USD 15.66 million.
- Year-to-date revenue climbed 70% to USD 230.76 million; year-to-date operating income rose 75.56% to USD 76.29 million.
- Cash and cash equivalents rose to USD 52.24 million; liquid assets (non-GAAP) increased to USD 170.77 million.
- Finished inventory of 731,939 silver ounces and 2,585 gold ounces was sold after quarter-end for about USD 56.3 million in gross proceeds.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andean Precious Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608112010NEWSFILECNPR____20260811_309280_1) on August 12, 2026, and is solely responsible for the information contained therein.
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