Professional
Added to YB: 2026-10-16
Pitch date: 2026-10-13
APM.TO [bullish]
Andean Precious Metals Corp.
+1.79%
current return
Author Info
Atrium Research provides institutional quality research on underfollowed public equities. Sign up for the newsletter.
Company Info
Andean Precious Metals Corp. engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.
Market Cap
CAD 609.4M
Pitch Price
CAD 5.59
Price Target
18.00 (+216%)
Dividend
N/A
EV/EBITDA
3.27
P/E
5.19
EV/Sales
1.20
Sector
Metals and Mining
Category
growth
Andean Precious Metals – Strength at San Bartolome in Q2; Sales Strategically Deferred
APM.TO (earnings): Andean Precious Metals remains on track for 2026 guidance despite mixed Q2/26 production of 25.4Koz AuEq, 6% below forecast: San Bartolome beat by 18%, offsetting Golden Queen weakness from mine sequencing and grade timing. Sales fell to 12.3Koz as inventory was strategically deferred; together with lower expected realized prices, this is forecast to pressure Q2 revenue and FCF before the inventory’s expected Q3 sale. The BUY rating and C$18 target are unchanged.
Read full article (4 min)