Andean Silver Limited
ASL.AX
Australian Securities Exchange1.97
AUD
-0.06
- -
ISIN
AU0000343253
Return %
Stock
S&P500
1Y
71.30
26.57
3Y
159.21
76.60
5Y
159.21
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Matthew Gerard Allen
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 8 Richardson Street West Perth WA Australia 6005
- IPO Date
- Jul 2, 2024
- Website
- andeansilver.com
- Similar Companies
- Business
- Andean Silver Limited Andean Silver Limited (ASX:ASL), formerly Mitre Mining Corporation Limited, is an Australia-based mineral exploration and development company focused on advancing its 100% owned flagship Cerro Bayo Silver-Gold project located in the Aysen region of southern Chile; the project hosts indicated and inferred mineral resources of 9.8 million tonnes grading 353 grams per tonne silver equivalent for 111 million ounces silver equivalent, encompassing high-grade silver-gold veins suitable for underground and open-pit mining operations with existing infrastructure including a 500ktpa mill on care and maintenance, full water access, and environmental permits in the mining-friendly Deseado Massif; operations also include exploration for lithium and rare earth elements in Australia. Headquartered in West Perth, Australia, and founded in 2020, the company targets precious and base metals markets through resource expansion drilling, infill programs, and regional targets such as the Marcela and Guanaco vein systems within 1.5 kilometres of the processing plant. Recent developments include the completion of the Cerro Bayo acquisition ahead of schedule with a final $750,000 payment in early 2024, a 22% increase to the global mineral resource incorporating high-grade Pegaso 7 and Cristal discoveries, multiple high-grade silver-gold vein intercepts from ongoing aggressive exploration, and a partnership with the Chile Chico municipality and local community to construct platforms protecting 3,500-year-old archaeological rock art sites near the project.