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Mergers & AcquisitionsUpdated×2•Originally published 29 April 2026•Updated 29 April 2026•

1 min read

Sierra Madre Reports $25M in Annual Revenue and Outlines 2026 Expansion Plans

Key Facts

1Shareholders of Sierra Madre Gold and Silver Ltd approved the acquisition of the Del Toro Silver Mine in Mexico.

2The mine is being acquired from First Majestic Silver Corp.

Sierra Madre Gold and Silver Ltd. reported its full-year 2025 financial results, achieving net revenues of US$25 million and sales of 628,196 silver equivalent ounces. The company is moving forward with its Phase 1 expansion of the La Guitarra mine, scheduled for commissioning by the end of Q2 2026. In a related industry update, Guanajuato Silver Company Ltd announced its Q4 and year-end 2025 results, highlighting a robust cash position of $41.5 million. These figures underscore the growing financial stability and operational scale within the Mexican silver mining sector. Sierra Madre remains focused on optimizing production across its assets, supported by an adjusted EBITDA of $6 million. The combined data reflects a period of strategic growth and liquidity for key players in the region.

about 1 month ago

Version History

Version 2about 1 month ago

What changed: Added new financial data for Guanajuato Silver Company Ltd, specifically its year-end cash position of $41.5 million.

Version 1about 1 month ago

What changed: Updated the story to focus on the full-year 2025 financial results and future expansion plans at La Guitarra rather than just the Del Toro acquisition.