Desjardins Brokers Increase Earnings Estimates for TSE:APM

Key Points

• Desjardins has revised its FY2025 earnings estimates for Andean Precious Metals, increasing the anticipated earnings per share from $0.82 to $0.98.
• Shares of Andean Precious Metals opened at C$8.69, reflecting a trading decline of 1.6% after the earnings revision.
• The company operates in top-tier jurisdictions in the Americas, including its facilities in Bolivia and California, and aims to become a mid-tier precious metals producer.

Andean Precious Metals Corp. (TSE:APM - Free Report) - Research analysts at Desjardins upped their FY2025 earnings estimates for shares of Andean Precious Metals in a research report issued on Wednesday, October 1st. Desjardins analyst A. Carson now anticipates that the company will post earnings of $0.98 per share for the year, up from their prior estimate of $0.82.

Andean Precious Metals Trading Down 1.6%

Shares of APM opened at C$8.69 on Friday. The firm's fifty day simple moving average is C$5.84 and its two-hundred day simple moving average is C$3.54. Andean Precious Metals has a 12 month low of C$1.01 and a 12 month high of C$8.95. The stock has a market capitalization of C$1.30 billion, a P/E ratio of 32.19 and a beta of 0.74.

About Andean Precious Metals

Andean is a growing precious metals producer focused on top tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosi, Bolivia and the Soledad Mountain mine in Kern County, California, and is well funded to act on future growth opportunities. Andeans leadership team is committed to creating value; fostering safe, sustainable and responsible operations, and achieving our ambition to be a mid tier precious metals producer.

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