Guanajuato Silver Company Ltd.: Guanajuato Silver Reports Second Consecutive Quarter of Positive Net Income
Guanajuato Silver Company Ltd. (GSVR) reported Q2 2026 revenue of $42.5M, net income of $557,000, and operating income of $9.1M. Silver production increased 2% to 347,481 ounces, while gold production decreased 15% to 3,653 ounces. The company reduced debt by $12.1M and has hedged portions of its gold and silver sales. Cash and investments totaled $19.9M. Management expects improved production and lower costs as development continues.