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Santacruz Silver reports Q1 2026 revenue up 81%, net income up 201%, driven by higher silver prices and operational improvements.

Company Fundamentals
15 May 2026
Newsfile Corp
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Bullish
pluang ai news

Santacruz Silver Mining Ltd. announced strong Q1 2026 financial results with revenues of $127.5 million, an 81% increase year-over-year, and net income of $28.5 million, up 201%. The company benefited from a significant rise in silver prices, averaging $63.30 per ounce, which boosted margins despite higher costs. Operational improvements and a diversified asset base helped maintain stable silver production and positive unit margins for both silver and zinc. Santacruz also updated its reporting to better reflect its silver and zinc co-product business, aiming for continued operational enhancements and financial flexibility in 2026.

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