Mineros Reports Record Q1 Revenue of $291.8M, Adjusted EBITDA of $154.1M on Production & Gold Price Surge
summarizeSummary
Mineros S.A. delivered exceptionally strong first-quarter 2026 results, reporting record revenue of $291.8 million, an 82% increase year-over-year, and record adjusted EBITDA of $154.1 million, up 116% year-over-year. Net profit also surged 131% to $87.7 million. These robust financial figures were primarily driven by a significant increase in the average realized gold price to $4,777 per ounce (up 66% YoY) and a 10% rise in gold-equivalent production to 60,785 ounces, alongside effective cost management. This performance indicates strong operational execution and favorable market conditions, significantly enhancing the company's financial health and future prospects. Investors will be watching for continued production growth, cost control, and the progress of key strategic projects like the Porvenir expansion and the Hemco expansion in Nicaragua.
At the time of this announcement, MNSAF was trading at $3.92 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $0.73 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.