Santacruz Silver's FY25 Revenue Jumps 15%, EBITDA Nearly Doubles on Strong Silver Prices
SCZM has more than doubled off its 52-week low of $1.05.
Summary
Santacruz Silver Mining reported robust full-year 2025 financial results, with revenues climbing 15% to $326.4 million and Adjusted EBITDA nearly doubling, up 99% to $104.6 million. Gross profit also surged 91%. The company significantly strengthened its balance sheet, repaying debt and boosting cash and highly-liquid marketable securities by 87% to $66.7 million. This strong financial performance was primarily driven by a 36% increase in the average realized silver price and a 209% improvement in realized margin per silver equivalent ounce. While silver equivalent production decreased 11% due to a flooding event at its Bolivar mine, management expects full recovery by Q4 2026. Traders will focus on the continued operational recovery at Bolivar and the company's ongoing efforts to enhance efficiencies and metallurgical recoveries across its operations.
At the time of this announcement, SCZM was trading at $8.64 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $788.7M. The 52-week trading range was $1.05 to $17.65. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: TMX Newsfile.