Starcore Reports Year End 2025 Results

Core Viewpoint - Starcore International Mines Ltd. reported strong financial results for the year ending April 30, 2025, with significant income from mining operations and positive outlook for the upcoming fiscal year [2][4]. Financial Highlights - The company reported revenues of $32.2 million for the year, an increase from $28.3 million in the previous year, representing a growth of approximately 10% [3]. - Income from mining operations for the year was $6.3 million, compared to $2.4 million in the previous year, indicating a substantial increase [3][4]. - The total income for the fourth quarter was $1.6 million, or $0.02 per share, while the total income for the year was $0.2 million, or $0.00 per share [4]. - Administrative expenses rose to $7.5 million for the year from $4.1 million in the previous year [3]. - The company reported total assets of $56.0 million, up from $52.0 million in the previous year [3]. Production Highlights - Gold production for the year was 8.3 thousand ounces, down from 9.4 thousand ounces the previous year, while silver production decreased to 49.3 thousand ounces from 58.0 thousand ounces [7]. - The mine operating cash cost per equivalent ounce was $1,936 for the year, compared to $1,686 the previous year [10]. - The EBITDA for the year was reported at $2.8 million, with an EBITDA margin of 8.6% [4][3]. Operational Insights - The company completed carbon circuit testing and announced recent acquisitions, which are expected to enhance operations in the coming fiscal year [2]. - The mine's gold recovery rate was 83.1% for the year, while the silver recovery rate was 53.0% [7]. Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and is involved in exploration and development projects across North America and Côte d'Ivoire [8]. - The company emphasizes corporate social responsibility and aims to increase long-term shareholder value [8].