Andean Precious Metals Future Growth
Future criteria checks 0/6
Andean Precious Metals's revenue and earnings are forecast to decline at 5.6% and 20.4% per annum respectively. EPS is expected to decline by 23.1% per annum. Return on equity is forecast to be 12% in 3 years.
Key information
-20.4%
Earnings growth rate
-23.14%
EPS growth rate
| Metals and Mining earnings growth | 17.2% |
| Revenue growth rate | -5.6% |
| Future return on equity | 12.03% |
| Analyst coverage | Low |
| Last updated | 13 May 2026 |
Recent future growth updates
Recent updates
Analysis Article • 10h
Analysts Are Updating Their Andean Precious Metals Corp. (TSE:APM) Estimates After Its First-Quarter Results
The investors in Andean Precious Metals Corp. 's ( TSE:APM ) will be rubbing their hands together with glee today...
Narrative Update • May 12
APM: Higher Production And Buy Rating Will Support Future Upside
Analysts have trimmed their average 12 month price target for Andean Precious Metals to CA$14 from CA$15, reflecting updated assumptions around discount rates, long term growth and profitability. Analyst Commentary Recent research keeps the 12 month outlook for Andean Precious Metals constructive overall, even with a lower target of CA$14.Narrative Update • Apr 27
APM: Production Outlook And Refined Assumptions Will Support Future Upside
Analysts have trimmed their price target on Andean Precious Metals to CA$14 from CA$15. This reflects updated views on fair value and discount rates while maintaining a constructive outlook on the shares.Narrative Update • Apr 05
APM: Refined Earnings Assumptions And Production Profile Will Support Future Upside
Analysts have trimmed their price target on Andean Precious Metals to CA$14 from CA$15, reflecting updated views on revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Analysts are recalibrating expectations for Andean Precious Metals, with the new CA$14 price target indicating refined views on earnings power and how much investors may be willing to pay for that earnings stream through the P/E multiple.Analysis Article • Apr 01
Andean Precious Metals' (TSE:APM) Earnings Aren't As Good As They Appear
Despite posting strong earnings, Andean Precious Metals Corp.'s ( TSE:APM ) stock didn't move much over the last week...Narrative Update • Mar 21
APM: Refined Assumptions And Production Outlook Will Support Future Upside
Analysts have trimmed their price target on Andean Precious Metals to CA$14 from CA$15, reflecting updated assumptions on discount rates, growth and future P/E levels. Analyst Commentary Bullish analysts view the revised CA$14 target as still supportive of upside potential, suggesting that the shares may offer value if the company delivers on its operational plans and meets market expectations embedded in current P/E assumptions.Narrative Update • Mar 07
APM: Reset Expectations And Higher Margins Will Support Future Upside
Analysts have trimmed their price target on Andean Precious Metals to CA$14 from CA$15, reflecting updated views on growth, margins, and the stock's future P/E multiple. Analyst Commentary Recent research reflects a modest reset in expectations, with the price target moving to CA$14 from CA$15 while the positive rating on the shares remains in place.
New Narrative • Feb 27
Record Margins And Strong Balance Sheet Will Support Future Precious Metals Upside
Catalysts About Andean Precious Metals Andean Precious Metals operates silver and gold producing assets, including the San Bartolome operation in Bolivia and the Golden Queen mine, with a focus on efficient production and exploration driven growth. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 19
APM: Equity Offering And Higher P E Multiple Will Support Upside
Analysts have raised their fair value estimate for Andean Precious Metals to CA$12.85 from CA$11.66, citing updated assumptions related to discount rates, profit margins and future P/E expectations. What's in the News Andean Precious Metals completed a follow on equity offering of common shares totaling CA$83.1075 million, with 7,915,000 shares priced at CA$10.50 each under Regulation S and Rule 144A (Key Developments).
New Narrative • Feb 13
Operational Setbacks And Policy Risks Will Define Mine Life Yet Leave Upside Potential
Catalysts About Andean Precious Metals Andean Precious Metals operates precious metals mines, with producing assets focused on silver and gold in Bolivia and the United States. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 04
APM: Equity Raise And Arbitration Outcome Will Support Future Upside
Analysts have trimmed their price target on Andean Precious Metals from US$11.89 to US$11.66. This reflects modest adjustments to their fair value estimate and discount rate assumptions, while keeping revenue growth, profit margin and future P/E expectations broadly in line with prior views.Narrative Update • Jan 21
APM: Fair Outlook Will Balance Arbitration Risk And Higher P/E Expectations
Analysts have raised their price target for Andean Precious Metals to US$11.89 from US$10.39, reflecting updated views on fair value, discount rate assumptions, and future P/E expectations. What's in the News Silver Elephant Mining Corp.Narrative Update • Jan 06
APM: Steady Ore Sourcing And Expanded Drilling Will Support Balanced Prospects
Analysts have revised their price target on Andean Precious Metals to US$10.39 per share, reflecting updated assumptions around the discount rate, long term revenue growth, profit margin and future P/E multiple. What's in the News Silver Elephant Mining Corp.Narrative Update • Dec 15
APM: Ore Supply Shift And Drilling Progress Will Support Balanced Future Prospects
Analysts have modestly raised their price target on Andean Precious Metals from approximately $9.92 to $10.39 per share, citing a higher expected future price to earnings multiple that more than offsets slightly softer assumptions for revenue growth and profit margins. What's in the News Completion of a five day arbitration hearing in Vancouver over an unpaid USD 1,000,000 additional consideration tied to prior silver price thresholds, with a final award expected before the end of 2025 (Silver Elephant arbitration) Phase 3 drilling at the Golden Queen mine progresses, with 20 core holes completed at the Hilltop area and all intersecting projected veins, supporting potential mine life extension and pit expansions (Golden Queen exploration update) Approval of an additional 3,800 metres of core drilling at Golden Queen, bringing total Phase 3 drilling to 8,100 metres to further define and expand current mining zones along strike (Golden Queen exploration update) Advancement of San Bartolome’s transition to a mineral purchase model, including implementation of a long term oxide ore supply agreement with COMIBOL and active community negotiations to secure permits and social licenses (San Bartolome and COMIBOL strategy) Exploration campaigns launched across multiple Bolivian projects, including Ánimas, Turqui, Santa Isabel, Tacobamba and Trapiche, targeting roughly 5,500 metres of shallow drilling and delineation of about 800,000 tonnes of new oxide material (Bolivia exploration programs) Valuation Changes Fair Value: increased modestly from CA$9.92 to CA$10.39 per share, reflecting a slightly higher intrinsic valuation.Narrative Update • Dec 01
APM: Ore Purchase Model And Drilling Expansion Will Support Upcoming Margin Gains
Analysts have raised their price target for Andean Precious Metals to $9.92 per share from the previous level. They cite improved profit margin forecasts and a lower anticipated future P/E ratio as key drivers of the revision.Analysis Article • Nov 28
We Like Andean Precious Metals' (TSE:APM) Returns And Here's How They're Trending
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Narrative Update • Nov 17
APM: Drilling Progress And Long-Term Ore Supply Will Drive Performance
The analyst price target for Andean Precious Metals has edged higher from $9.89 to $9.92, as analysts anticipate modestly improved revenue growth but note a more cautious outlook for profit margins and future earnings multiples. What's in the News Phase 3 of the Golden Queen mine's 2025 exploration program is underway.Narrative Update • Nov 01
APM: Future Exploration Success And Ore Expansion Will Drive Shareholder Value
Analysts have raised their price target for Andean Precious Metals from $8.30 to $9.89, citing an updated outlook based on changing profit margin expectations and future earnings estimates. What's in the News Launched Phase 3 of the 2025 Golden Queen Exploration Program, drilling 3,903 metres at the Hilltop area and receiving positive assay results for 6 core holes.Narrative Update • Oct 17
Production Ramp-Up And Expanded Ore Supply Will Drive Future Opportunity
Analysts have raised their price target for Andean Precious Metals from $6.97 to $8.30, citing improved profit margin estimates and a more favorable earnings outlook. What's in the News Repurchased 1,483,800 shares for CAD 2.22 million from April 1, 2025 to June 30, 2025, completing a total buyback of 2,101,921 shares since the January 2, 2025 announcement (Key Developments).Analysis Article • Oct 09
Subdued Growth No Barrier To Andean Precious Metals Corp. (TSE:APM) With Shares Advancing 25%
Andean Precious Metals Corp. ( TSE:APM ) shares have continued their recent momentum with a 25% gain in the last month...Narrative Update • Oct 03
Production Ramp-Up And Expanded Ore Supply Will Drive Future Opportunity
Analysts have raised their price target for Andean Precious Metals from $5.25 to $6.97 per share, reflecting updated forecasts and changes to underlying valuation assumptions. What's in the News Andean Precious Metals Corp.Analysis Article • Aug 19
Further Upside For Andean Precious Metals Corp. (TSE:APM) Shares Could Introduce Price Risks After 26% Bounce
Andean Precious Metals Corp. ( TSE:APM ) shares have continued their recent momentum with a 26% gain in the last month...Narrative Update • Aug 15
Production Ramp-Up And Expanded Ore Supply Will Drive Future Opportunity
Despite a notable decline in consensus revenue growth expectations and a sharp increase in the future P/E ratio, analysts have raised their fair value estimate for Andean Precious Metals, with the price target increasing from CA$4.92 to CA$5.25. What's in the News Reported Q2 gold production of 11,945 oz, down from 15,309 oz year-over-year.Analysis Article • Aug 01
Here's Why Andean Precious Metals (TSE:APM) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jun 26
Andean Precious Metals Corp. (TSE:APM) Stock Rockets 44% But Many Are Still Ignoring The Company
Andean Precious Metals Corp. ( TSE:APM ) shares have continued their recent momentum with a 44% gain in the last month...Analysis Article • Apr 30
Andean Precious Metals Corp.'s (TSE:APM) Shares Bounce 26% But Its Business Still Trails The Market
Andean Precious Metals Corp. ( TSE:APM ) shares have continued their recent momentum with a 26% gain in the last month...Analysis Article • Apr 17
Here's Why Andean Precious Metals (TSE:APM) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 27
Andean Precious Metals' (TSE:APM) Soft Earnings Don't Show The Whole Picture
The most recent earnings report from Andean Precious Metals Corp. ( TSE:APM ) was disappointing for shareholders. While...
New Narrative • Feb 19
Upgrades At Golden Queen Mine Will Increase Production Capacity, But Rising Costs May Pressure Future Margins
Integration and upgrades at Golden Queen mine could boost production and lower costs, enhancing revenue growth and profitability.Analysis Article • Feb 11
Market Might Still Lack Some Conviction On Andean Precious Metals Corp. (TSE:APM) Even After 26% Share Price Boost
Andean Precious Metals Corp. ( TSE:APM ) shareholders have had their patience rewarded with a 26% share price jump in...Analysis Article • Jan 03
Returns On Capital Signal Tricky Times Ahead For Andean Precious Metals (CVE:APM)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Dec 10
Is Andean Precious Metals (CVE:APM) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Nov 14
Investors Give Andean Precious Metals Corp. (CVE:APM) Shares A 38% Hiding
Andean Precious Metals Corp. ( CVE:APM ) shares have retraced a considerable 38% in the last month, reversing a fair...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 399 | 69 | 350 | 221 | 1 |
| 12/31/2027 | 569 | 145 | 281 | 241 | 2 |
| 12/31/2026 | 591 | 148 | 131 | 165 | 2 |
| 3/31/2026 | 461 | 152 | 100 | 128 | N/A |
| 12/31/2025 | 360 | 118 | 59 | 92 | N/A |
| 9/30/2025 | 299 | 77 | 41 | 66 | N/A |
| 6/30/2025 | 277 | 42 | 46 | 76 | N/A |
| 3/31/2025 | 273 | 34 | 41 | 68 | N/A |
| 12/31/2024 | 254 | 19 | 35 | 57 | N/A |
| 9/30/2024 | 230 | 59 | 24 | 42 | N/A |
| 6/30/2024 | 200 | 51 | 13 | 27 | N/A |
| 3/31/2024 | 145 | 42 | 0 | 9 | N/A |
| 12/31/2023 | 125 | 35 | 3 | 9 | N/A |
| 9/30/2023 | 102 | -3 | -7 | -4 | N/A |
| 6/30/2023 | 88 | -6 | -17 | -15 | N/A |
| 3/31/2023 | 101 | -12 | -12 | -10 | N/A |
| 12/31/2022 | 108 | -10 | -5 | -3 | N/A |
| 9/30/2022 | 114 | -7 | 3 | 6 | N/A |
| 6/30/2022 | 127 | -2 | 11 | 14 | N/A |
| 3/31/2022 | 136 | 8 | 21 | 25 | N/A |
| 12/31/2021 | 144 | 4 | 30 | 34 | N/A |
| 9/30/2021 | 169 | 43 | 49 | 52 | N/A |
| 6/30/2021 | 170 | 46 | 56 | 59 | N/A |
| 3/31/2021 | 145 | 42 | 45 | 47 | N/A |
| 12/31/2020 | 131 | 46 | 35 | 37 | N/A |
| 9/30/2020 | 98 | 4 | 16 | 18 | N/A |
| 12/31/2019 | 89 | -13 | N/A | 11 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APM's earnings are forecast to decline over the next 3 years (-20.4% per year).
Earnings vs Market: APM's earnings are forecast to decline over the next 3 years (-20.4% per year).
High Growth Earnings: APM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: APM's revenue is expected to decline over the next 3 years (-5.6% per year).
High Growth Revenue: APM's revenue is forecast to decline over the next 3 years (-5.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APM's Return on Equity is forecast to be low in 3 years time (12%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 22:07 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Andean Precious Metals Corp. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ben Pirie | Atrium Research |
| Allison Carson | Desjardins Securities Inc. |
| Justin Chan | SCP Resource Finance LP |