Guanajuato Silver Company Ltd.

TSXV:GSVR Stock Report

Market Cap: CA$360.7m

Guanajuato Silver Management

Management criteria checks 3/4

Guanajuato Silver's CEO is James Anderson, appointed in Mar 2019, has a tenure of 7.25 years. total yearly compensation is $244.16K, comprised of 92.5% salary and 7.5% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth CA$3.54M. The average tenure of the management team and the board of directors is 3.8 years and 6.5 years respectively.

Key information

James Anderson

Chief executive officer

US$244.2k

Total compensation

CEO salary percentage92.50%
CEO tenure7.3yrs
CEO ownership1.0%
Management average tenure3.8yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Narrative Update Jun 11

Valuation Update (June 2026)

FCF Multiple Model at US$150/oz and US$200/oz Silver This is a simplified silver-torque model. It is not a formal valuation and not a price target.
Narrative Update Apr 02

After the Bolanitos acquisition, market moves of the past 7 months I've updated my analysis on this stock.

Guanajuato Silver Company Ltd. (TSXV: GSVR / OTCQX: GSVRF) – Stock Analysis & 5-Year Price Projection (as of early April 2026) Guanajuato Silver is a Mexico-focused precious metals producer operating five underground silver-gold mines (plus Pb/Zn by-products at Topia) in established districts: Bolanitos, El Cubo Complex, Valenciana Mines Complex (VMC), San Ignacio (all in Guanajuato), and Topia (Durango).
Analysis Article Jan 27

Market Might Still Lack Some Conviction On Guanajuato Silver Company Ltd. (CVE:GSVR) Even After 49% Share Price Boost

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have continued their recent momentum with a 49% gain in the last...
Analysis Article Dec 12

Investors Still Aren't Entirely Convinced By Guanajuato Silver Company Ltd.'s (CVE:GSVR) Revenues Despite 53% Price Jump

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shareholders would be excited to see that the share price has had a great...
Analysis Article Oct 28

Revenues Working Against Guanajuato Silver Company Ltd.'s (CVE:GSVR) Share Price Following 39% Dive

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have retraced a considerable 39% in the last month, reversing a fair...
Analysis Article Sep 10

Guanajuato Silver Company Ltd. (CVE:GSVR) Held Back By Insufficient Growth Even After Shares Climb 41%

Despite an already strong run, Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have been powering on, with a gain of...
New Narrative Aug 30

A Case for Guanajuato Silver (TSXV:GSVR) to reach (low end) CAD$ 3.96 (high end) CAD$ 12.50 by 2030

Key Assumptions Metal Prices: Gold at $4,500/oz (80% above ~$2,500/oz) and silver at $100/oz (233% above ~$30/oz), held constant for simplicity. Real Inflation Rate: 8% annually, increasing operating costs (e.g., all-in sustaining costs, AISC) and potentially compressing valuation multiples.
Analysis Article Jul 27

Guanajuato Silver Company Ltd. (CVE:GSVR) Stock Catapults 36% Though Its Price And Business Still Lag The Industry

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have continued their recent momentum with a 36% gain in the last...
Analysis Article Feb 03

Guanajuato Silver Company Ltd.'s (CVE:GSVR) Prospects Need A Boost To Lift Shares

You may think that with a price-to-sales (or "P/S") ratio of 0.9x Guanajuato Silver Company Ltd. ( CVE:GSVR ) is a...
Analysis Article Oct 06

Guanajuato Silver Company Ltd. (CVE:GSVR) Shares Fly 27% But Investors Aren't Buying For Growth

Those holding Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares would be relieved that the share price has rebounded...
Analysis Article Aug 10

Take Care Before Jumping Onto Guanajuato Silver Company Ltd. (CVE:GSVR) Even Though It's 26% Cheaper

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have retraced a considerable 26% in the last month, reversing a fair...
Analysis Article May 26

Further Upside For Guanajuato Silver Company Ltd. (CVE:GSVR) Shares Could Introduce Price Risks After 46% Bounce

Despite an already strong run, Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have been powering on, with a gain of...
Analysis Article Apr 01

Investors Still Aren't Entirely Convinced By Guanajuato Silver Company Ltd.'s (CVE:GSVR) Revenues Despite 39% Price Jump

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shareholders are no doubt pleased to see that the share price has bounced...
Analysis Article Mar 10

Is Guanajuato Silver (CVE:GSVR) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jan 17

Investors Give Guanajuato Silver Company Ltd. (CVE:GSVR) Shares A 29% Hiding

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shareholders that were waiting for something to happen have been dealt a...
Analysis Article Nov 30

One Guanajuato Silver Company Ltd. (CVE:GSVR) Analyst Just Slashed Their Estimates By A Substantial 41%

The analyst covering Guanajuato Silver Company Ltd. ( CVE:GSVR ) delivered a dose of negativity to shareholders today...
Analysis Article Jun 08

Little Excitement Around Guanajuato Silver Company Ltd.'s (CVE:GSVR) Earnings As Shares Take 26% Pounding

Guanajuato Silver Company Ltd. ( CVE:GSVR ) shares have retraced a considerable 26% in the last month, reversing a fair...

CEO Compensation Analysis

How has James Anderson's remuneration changed compared to Guanajuato Silver's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$29m

Dec 31 2025US$244kUS$226k

-US$37m

Sep 30 2025n/an/a

-US$14m

Jun 30 2025n/an/a

-US$13m

Mar 31 2025n/an/a

-US$12m

Dec 31 2024US$217kUS$209k

-US$17m

Sep 30 2024n/an/a

-US$23m

Jun 30 2024n/an/a

-US$25m

Mar 31 2024n/an/a

-US$31m

Dec 31 2023US$227kUS$226k

-US$32m

Sep 30 2023n/an/a

-US$34m

Jun 30 2023n/an/a

-US$36m

Mar 31 2023n/an/a

-US$31m

Dec 31 2022US$203kUS$185k

-US$27m

Sep 30 2022n/an/a

-US$22m

Jun 30 2022n/an/a

-US$16m

Mar 31 2022n/an/a

-US$14m

Dec 31 2021US$168kUS$154k

-US$12m

Sep 30 2021n/an/a

-US$8m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$4m

Dec 31 2020US$111kUS$111k

-US$2m

Sep 30 2020n/an/a

-US$1m

Jun 30 2020n/an/a

-US$517k

Mar 31 2020n/an/a

-US$396k

Dec 31 2019US$67kUS$67k

-US$393k

Compensation vs Market: James's total compensation ($USD244.16K) is below average for companies of similar size in the Canadian market ($USD501.47K).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


CEO

James Anderson (61 yo)

7.3yrs
Tenure
US$244,159
Compensation

Mr. James E. Anderson, BA, BFA, serves as an Independent Director at Orestone Mining Corp. since May 14, 2019. Mr. Anderson serves as Director at Guanajuato Silver Company Ltd. (formerly known as Vangold M...


Leadership Team

NamePositionTenureCompensationOwnership
James Anderson
Chairman & CEO7.3yrsUS$244.16k0.98%
CA$ 3.5m
Wayne Lee
Chief Financial Officer2.4yrsUS$180.49k0.0040%
CA$ 14.5k
Richard Silas
VP of Corporate Development5.1yrsUS$112.32k0.26%
CA$ 921.5k
Richard Trotman
Senior Vice Presidentless than a yearno data0.039%
CA$ 140.7k
3.8yrs
Average Tenure
56.5yo
Average Age

Experienced Management: GSVR's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Anderson
Chairman & CEO7.4yrsUS$244.16k0.98%
CA$ 3.5m
Richard Silas
VP of Corporate Development6.7yrsUS$112.32k0.26%
CA$ 921.5k
Miranda Werstiuk
Independent Director2.2yrsUS$6.24k0.0020%
CA$ 7.3k
David Paxton
Independent Directorless than a yearno datano data
William Gehlen
Independent Director6.3yrsUS$4.99k0.047%
CA$ 167.8k
Daniel Oliver
Independent Director6.7yrsUS$6.24k2.16%
CA$ 7.8m
6.5yrs
Average Tenure
61yo
Average Age

Experienced Board: GSVR's board of directors are considered experienced (6.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 13:42
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Guanajuato Silver Company Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stuart McDougallResearch Capital Corporation
Joseph ReagorRoth Capital Partners