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Sierra Madre reports Q1 2026 revenues of $10.1M, expansion on track to boost production by 50%.

Company Fundamentals
19 May 2026
Newsfile Corp
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Bullish
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Sierra Madre Gold and Silver Ltd. posted record Q1 2026 revenues of $10.1 million and an adjusted EBITDA of $2.8 million, driven by higher commodity prices and steady production. The company is progressing with the La Guitarra plant expansion, expected to increase throughput by over 50% by the end of Q2 2026, which should boost production and reduce costs. Sierra Madre also plans to complete the Del Toro mine acquisition and start a 30,000-metre drilling program in H2 2026 to explore new resources. Operational challenges like higher costs and lower recoveries are being addressed with new equipment and staffing to support growth.

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