Santacruz Silver Q1 FY26 net income rises 201% to US$28.47 million; revenue climbs 81% to US$127.53 million
PUBT·05/15/2026 23:46:13
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- Santacruz Silver Mining reported Q1 2026 net income of USD 28.47 million, swinging from a loss in Q4 2025; revenue rose 81% from Q1 2025 to USD 127.53 million.
- Gross profit increased 54% from Q1 2025 to USD 42.87 million; adjusted EBITDA climbed 55% to USD 42.57 million.
- Cash and cash equivalents rose 31% from Q1 2025 to USD 42.65 million; working capital increased 47% to USD 75.9 million.
- Payable silver ounces sold fell 32% from Q1 2025 to 871,752; average realized silver price more than doubled to USD 63.3 per ounce.
- Bolivar continued to recover from May 2025 localized water inflow event, with full recovery still targeted for Q4 2026; capital already invested in Zimapan expected to support operating improvements through 2026.
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. Santacruz Silver Mining Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605151945NEWSFILECNPR____20260515_297731_1) on May 15, 2026, and is solely responsible for the information contained therein.
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