Silver X Mining Reports Pre-Tax Profit in Q1 2025 as Production Grows

Silver X Mining Corp. (TSXV:AGX) - Q1/25 Results Reveal Highest EBITDA and Op. Income in 2+ Years - Research Portal

Silver X (AGX) reported Q1/25 operating and financial results from its Nueva Recuperada mine in Peru. For the quarter, the company reported net income of -$0.33M, or -$0.00/sh, vs our estimate of -$0.84M or -$0.00/sh (all financials in US$; Figure 1). Revenues of $6.01M at a realized price of $31.03/oz Ag, fell 22% QoQ, driven by a drop in ore processed of 40.2kt (-6.5% QoQ), and head grade of 237 g/t AgEq (-2.1% QoQ), leading to lower production

Silver X Mining Reports Pre-Tax Profit in Q1 2025 as Production Grows

Silver X Mining Corp. (TSXV: AGX) has reported a pre-tax profit for the first quarter of 2025, driven by increased silver production and continued operational improvements at its Nueva Recuperada project in Peru. The company achieved a 22% quarter-over-quarter increase in tonnes processed, with silver equivalent production rising to 567,203oz, up from 449,175oz in Q4 2024. Additionally, total revenue for Q1 2025 was US$6.7M, compared to US$5.1M …