IMPACT Silver Corp. Reports Strong Q1 2025 Financial Performance
In a remarkable turnaround, IMPACT Silver Corp., a junior silver company focused on the Royal Mines of Zacualpan in Mexico, has announced its financial results for the first quarter of 2025. The company, listed on the TSX Venture Exchange, has seen a near-doubling of its revenue and achieved a positive EBITDA, signaling a robust recovery and promising future prospects.
Key Financial Highlights
For the quarter ended March 31, 2025, IMPACT Silver Corp. reported a revenue of $10.7 million, a significant increase from the $5.3 million recorded in the same period the previous year. This impressive growth was primarily driven by the commencement of new production at the Plomosas mine and favorable commodity prices. The company’s EBITDA for Q1 2025 stood at $1.0 million, marking a strong recovery from the negative $3.6 million reported in Q1 2024. Additionally, the net loss for the quarter was reduced to $0.1 million, a notable improvement from the $4.4 million net loss in the previous year.
Operational Achievements
The company’s operational performance also showed significant improvements. The Plomosas mine’s daily throughput increased substantially to 159 tonnes per day (tpd) from 39 tpd, contributing to a 9% year-over-year increase in silver production, reaching 149,449 ounces. Despite a slight 2% decline in silver head grade to 157 grams per tonne (g/t), the revenue per tonne increased by 50% to $202.37. However, direct costs per tonne rose by 3% to $132.32.
Financial Position and Future Plans
IMPACT Silver Corp. maintains a strong balance sheet, with $6.6 million in cash and no structured debt. The company is also planning an equity financing of $5.0 million, which may lead to dilution but is expected to support further growth and development. Despite still operating at a net loss, the minimal loss of $0.1 million reflects the company’s positive trajectory.
Market Reaction
The market has responded favorably to these results, with the company’s close price on May 22, 2025, at 0.18 CAD, reflecting investor confidence. The stock has seen fluctuations over the past year, with a 52-week high of 0.32 CAD on November 14, 2024, and a low of 0.16 CAD on April 6, 2025. The company’s market capitalization stands at 48,302,065 CAD.
Conclusion
IMPACT Silver Corp.’s Q1 2025 financial results highlight a period of significant growth and operational success. With increased production, improved financial metrics, and a strong balance sheet, the company is well-positioned for future expansion and continued success in the metals and mining sector. Investors and stakeholders will be keenly watching as the company moves forward with its strategic plans and capitalizes on its current momentum.