Guanajuato Silver Company (GSVR CN/ ASE) recently released Q2 2023 financials having achieved a further production record of 941koz AgEq of which 51% was silver by revenue, 39% gold and the balance lead and zinc. Revenue was US$16.8m, up 174% YoY but down 1.7% QoQ due to a timing impact which meant that metal sold (901koz AgEq) was lower than produced. The company faced some macro headwinds from higher energy and labour costs as well as unfavourable FX as the Mexican Peso strengthened against th ....
