Guanajuato Silver Company Ltd.

TSXV:GSVR Stock Report

Market Cap: CA$420.9m

Guanajuato Silver Past Earnings Performance

Past criteria checks 0/6

Guanajuato Silver's earnings have been declining at an average annual rate of -14.5%, while the Metals and Mining industry saw earnings growing at 18.2% annually. Revenues have been growing at an average rate of 41.1% per year.

Key information

-14.55%

Earnings growth rate

5.83%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate41.08%
Return on equity-47.33%
Net Margin-29.27%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

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...

Revenue & Expenses Breakdown

How Guanajuato Silver makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:GSVR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26101-29130
31 Dec 2579-37110
30 Sep 2575-14100
30 Jun 2577-13100
31 Mar 2579-12100
31 Dec 2476-17110
30 Sep 2473-23110
30 Jun 2471-25110
31 Mar 2467-31120
31 Dec 2366-32120
30 Sep 2365-34120
30 Jun 2358-36130
31 Mar 2348-31110
31 Dec 2237-27110
30 Sep 2226-22100
30 Jun 2217-1690
31 Mar 2211-1480
31 Dec 214-1280
30 Sep 210-870
30 Jun 210-650
31 Mar 210-440
31 Dec 200-220
30 Sep 200-110
30 Jun 200-110
31 Mar 200000
31 Dec 190000
30 Sep 190000
30 Jun 190-110
31 Mar 190-110
31 Dec 180-110
30 Sep 180-110
30 Jun 180-110
31 Mar 180-210
31 Dec 170-110
30 Sep 170-110
30 Jun 170-110
31 Mar 170000
31 Dec 160000
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150000
30 Sep 150-100

Quality Earnings: GSVR is currently unprofitable.

Growing Profit Margin: GSVR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GSVR is unprofitable, and losses have increased over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare GSVR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSVR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (122%).


Return on Equity

High ROE: GSVR has a negative Return on Equity (-47.33%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 01:02
End of Day Share Price 2026/05/29 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