)
Mineros S.A (MINEROS) investor relations material
Mineros S.A Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record 2025 revenue of $800 million (+48% YoY), adjusted EBITDA of $358 million (+71%), and net profit of $145 million (+68%), driven by high gold prices and increased production in Colombia and Nicaragua.
Produced 227,000 gold equivalent ounces, exceeding guidance, and returned $42 million to shareholders via dividends and buybacks.
Recognized as a top performer on TSX and BVC, with share price appreciation of 275% and 259% respectively.
Maintained a strong safety record, with low lost time injury frequency rates in Colombia (0.9) and Nicaragua (0.16).
Ended 2025 with $108 million in cash and a net cash position of $93 million.
Financial highlights
Q4 2025 revenue was $261 million (+74% YoY), gross profit $106 million (+94%), and adjusted EBITDA $115 million (+101%).
Full-year gross profit rose to $326 million (+77%), and net profit was $145 million (+68% YoY).
Net cash flows from operating activities reached $198.5 million for 2025, up 38% year-over-year.
Paid $29.8 million in dividends in 2025, up 8% from 2024.
Returned $42 million to shareholders in 2025 through dividends and buybacks.
Outlook and guidance
2026 gold production guidance: 213,000–233,000 ounces, up 10,000 ounces from 2025 guidance.
2026 AISC guidance: $2,370–$2,470/oz; cash cost: $2,070–$2,170/oz.
Colombia: 83,000–93,000 oz at AISC $1,820–$1,920/oz; Nicaragua: 130,000–140,000 oz at AISC $2,000–$2,100/oz.
$113.7 million CAPEX budget for 2026, with $51.7 million for growth, $44.7 million sustaining, and $17.3 million for exploration.
Aggressive exploration program in Nicaragua and technical studies at Porvenir, with updates expected in Q1 2026.
Next Mineros S.A earnings date
Next Mineros S.A earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage