Mineros Posts Record H1 Revenue of $559M, Raises 2026 Production Guidance
MNSAF has more than doubled off its 52-week low of $1.76.
Summary
Mineros delivered its strongest first half ever, with revenue of $559M and adjusted EBITDA of $260M, up 70% year-over-year. Net profit hit $132.8M, or $0.45 per share. The company raised full-year production guidance to 220,000–240,000 gold equivalent ounces, citing broad operational strength. Costs are tracking better than expected: AISC of $2,348/oz came in below the guided range, positioning for a full-year beat. The balance sheet remains conservative with only $55.6M in debt against $228.8M in cash and gold-backed assets. Strategic moves include acquiring a large exploration project in Tolima with a historical resource of 23.35M oz indicated and advancing the Porvenir Project with a key environmental certification. This is a material beat-and-raise quarter that reshapes the earnings outlook.
At the time of this announcement, MNSAF was trading at $5.37 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $1.76 to $6.91. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.