Andean Precious Metals is a Canadian, growth-focused silver producer that owns and operates the San Bartolomé project located in the department of Potosí, Bolivia. San Bartolomé has been operating continuously since 2008, producing an average of five million ounces of silver equivalents per year. The Company is actively pursuing growth, seeking other accretive opportunities in Bolivia and the wider Americas. Andean Precious Metals is committed to fostering safe, sustainable and responsible operations.
Cash: 80.7M (Dec 31, 2022)
Management and Directors – 52%
Eric Sprott – 14%
Retail – 22%
Institutions – 9%
ETF – 3%
Alberto Morales – Executive Chairman & CEO
Alberto Morales is a founder of Andean Precious Metals Corp, and has over 30 years of experience specialized in corporate finance, mergers and acquisitions and corporate restructurings. He has also participated individually in other private equity and venture capital projects as co-developer, investor and/or advisor in telecommunications, aviation, tourism, financial services and asset management, mining and alternative energy. He has participated in the planning, formation, development and consolidation stages of various start-up business ventures. He holds a Bachelor of Law from the University of Monterrey and a Masters in Compared Law from the New York University School of Law , and is licenced to practice law in Mexico and the State of New York.
To broaden the scope of our global investor outreach. We do not need capital as we have a strong balance sheet with US$81 million in cash and marketable securities as of December 31, 2022. The Company’s vision is to be a multi-asset mid-tier producer by pursuing both organic growth opportunities on an active M&A mandate.
Mar 16, 2023 – Andean Precious Metals Reports Q4 and FY2022 Results
Jan 17, 2023 – Andean Precious Metals Achieves 2022 Production Guidance with 5.0 Million Ounces of Silver Equivalent
Dec 28, 2023 – Andean Precious Metals Adds Segun Odunuga as Executive Vice President, Finance
Nov 28, 2023 – Andean Precious Metals Appoints New Independent Director, Yohann Bouchard
Execute a transformative M&A transaction.
Extend mine life in Bolivia
Andean is in a very strong financial position and well positioned for growth with US$81 million in cash and zero debt.
1. A producing mine in a stable jurisdiction
2. Strong balance sheet with US$81M in cash and marketable securities
3. Active focus on growth – organic and M&A