Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
NNX 0.035 +0.0% ABX 51.85 −0.7% TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.99 +10.5% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.40 −0.5% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.310 −3.1% DEX 0.390 +1.3% WMS 0.040 +0.0% NNX 0.035 +0.0% ABX 51.85 −0.7% TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.99 +10.5% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.40 −0.5% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.310 −3.1% DEX 0.390 +1.3% WMS 0.040 +0.0%
Other Routine +

Andean Precious Metals Announces Inclusion in VanEck Junior Gold Miners ETF (GDXJ)

Andean Scales Institutional Presence with GDXJ Inclusion and NYSE Ambitions Amid Record Financial Performance

By The Northwire Desk — AI Analysis Mar 18, 2026 · 07:01 APM · 7.52 Andean Precious Metals Corp.
Executive Summary

The most recent news (March 18, 2026) announces the inclusion of Andean Precious Metals into the VanEck Junior Gold Miners ETF (GDXJ), effective March 20, 2026. This follows a March 10 announcement of the company’s intention to list on the New York Stock Exchange (NYSE). Operationally, the company reported FY 2025 production of 99,165 gold equivalent ounces (AuEq oz), slightly missing the lower end of its 102.9k–117.2k oz guidance due to leaching delays at Golden Queen. However, 2026 guidance is set at 100k–114k AuEq oz with a back-weighted production profile (55% in H2).

Material Impact
  • Liquidity and Visibility: The GDXJ inclusion is a significant liquidity event, forcing passive buying from one of the largest sector ETFs. Combined with the planned NYSE listing, the company is aggressively moving to capture North American institutional capital.
  • Operational Resilience: Despite a technical setback at Golden Queen (fine particle migration impacting leaching), the company achieved record financial results in Q3 2025 ($90.4M revenue, $43.7M net income) due to record realized metal prices ($3,448/oz Au, $40.09/oz Ag).
  • Shareholder Dynamics: A C$95.6M secondary offering by PMB Partners (CEO Alberto Morales) in January 2026 increased the public float without diluting existing shareholders, though it signals a partial exit/liquidity event for the founder.
  • Financial Strength: The company maintains a "negative net debt" position with $121M in liquid assets as of Q3 2025, providing a massive cushion for M&A or expansion.
APM · Price
Company Overview

Andean Precious Metals is a multi-asset producer with two primary operations: - Golden Queen (California, USA): An open-pit heap leach mine. It is the current growth engine but faced 2025 hurdles with ore permeability. - San Bartolome (Bolivia): A silver processing facility. It operates by purchasing oxide ore from COMIBOL and local cooperatives. It is a high-margin cash cow but carries higher jurisdictional risk.

Read the original news release →

More from Andean Precious Metals Corp.

Jun 18, 2026 · 17:31

Statement in Response to Silver Elephant's News Release Dated June 17, 2026

Regulatory May 12, 2026 · 17:31

Record Q1 earnings and a solid balance sheet are overshadowed by a severe technical breakdown and leadership flux, testing the market's conviction on the NYSE uplift story.

Earnings May 06, 2026 · 18:13

Andean Precious Metals Faces Data Integrity Questions Amid Strong Fundamentals

Financings Apr 08, 2026 · 07:01

“Q1 production surge fuels cash pile, but share price slides amid broader market pullback”

Production / Operations Mar 25, 2026 · 06:01

Record Financial Performance and NYSE Ambitions Signal Mid-Tier Evolution

Earnings Feb 26, 2026 · 17:31

Andean delivers steady production guidance for 2026 as record metal prices mask operational hiccups at Golden Queen

Earnings