Sierra Madre Gold & Silver Ltd.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Alexander Langer
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1111 West Hastings Street West Vancouver BC Canada V7T 1C3
- IPO Date
- Apr 19, 2021
- Website
- sierramadregoldandsilver.com
- Similar Companies
- Business
- Sierra Madre Gold and Silver Ltd. Sierra Madre Gold and Silver Ltd. is a precious metals mining company focused on the production, exploration, and development of gold and silver deposits in Mexico. The company operates the La Guitarra Mine Complex in the Temascaltepec mining district of the State of Mexico, covering 39,714 hectares, which includes underground mining from the Guitarra and Coloso zones, three past-producing areas such as Nazareno, over 100 known epithermal veins, and an on-site 500 tonnes per day processing mill producing silver-gold concentrates; it also holds the Tepic Project in Nayarit, covering 2,612.5 hectares, featuring low-sulfidation epithermal gold and silver deposits with historical resources and exploration potential along a 15-kilometer strike length in a mining-friendly jurisdiction within Mexico's Sierra Madre Occidental Gold and Silver belt. Sierra Madre targets high-grade silver and gold production for domestic and international markets, serving refiners and end-users through off-take agreements, with all operations fully permitted for mining, processing, water use, and environmental compliance. Incorporated in 2021 and headquartered in Vancouver, Canada, the company maintains strategic relationships including a 44.5% ownership stake by First Majestic Silver Corp. First Majestic Silver Corp. and recent financing support from investors such as Eric Sprott. In recent developments, Sierra Madre completed the acquisition of La Guitarra from First Majestic Silver in March 2023 for US$35 million in shares, achieved industrial production declaration in December 2024, commenced full commercial production on January 1, 2025, and began mining at the higher-grade Coloso zone in April 2025 while preparing the Nazareno Mine for production in September 2025; the company closed a C$19.5 million private placement in July 2025, secured a US$5 million loan from First Majestic in May 2024, launched a US$3.5 million exploration program at the East District in October 2025, initiated a two-phase plant expansion to increase capacity from 500 t/d to 750-800 t/d by Q2 2026 and 1,200-1,500 t/d by Q3 2027 with new crushing circuits and equipment deliveries in November 2025, and reported solid Q3 2025 financial results with revenues from 153,583 silver-equivalent ounces sold.
Company News
Sierra Madre Announces Guitarra Processing Plant Achieves Throughputs of up to 720 Tonnes per Day as Development at Nazareno and Guitarra Mines Accelerates
Sierra Madre Reports Solid Q2 2026 Financial Results, Advances Growth Plans
Sierra Madre Fully Repays First Majestic Loan
Sierra Madre Announces AGM Results
Sierra Madre and First Majestic Announce Closing of Acquisition of the Del Toro Silver Mine for up to US$60M
Sierra Madre and First Majestic Announce Closing of Acquisition of the Del Toro Silver Mine for up to US$60M
Sierra Madre Receives Mexican Antitrust Approval for the Acquisition of the Del Toro Mine
Sierra Madre Reports Strong Q1 2026 Financial Results, Record Quarterly Revenues
Sierra Madre Reports Q4 and Year-End 2025 Financial Results, Positive Operating Performance
Sierra Madre Announces Shareholder Approval of Acquisition of Del Toro Silver Mine
Sierra Madre Repays US$2.5 Million of First Majestic Loan
Sierra Madre Named as a 2026 Top 50 TSX Venture Exchange Company
Sierra Madre Announces Closing of Second Tranche of its $57.5 Million Offering
Sierra Madre Secures Land Use Authorization and Expands Land Holdings at Tlacotal
Sierra Madre Announces Closing of $40 Million First Tranche of its $50 Million Offering
Triple-Digit Returns: Examining Benzinga's Watchlist For 2025
First Majestic Announces Proposed Sale of the Del Toro Silver Mine for up to US$60M
Sierra Madre Announces Agreement to Acquire the Del Toro Silver Mine from First Majestic Silver and Concurrent $50 Million Offering of Subscription Receipts
Sierra Madre Announces Solid Q3 2025 Financial Results, La Guitarra Plant Expansion Underway
Sierra Madre Starts US$3.5 Million Exploration Program at the East District of Guitarra Project