Core Viewpoint - Asia Broadband Inc. (AABB) is set to report increased gold and silver production and gross profit for Q3 2025, driven by strong forecasts for these precious metals [1] Production and Financial Performance - The mining team achieved a 40% increase in gold and silver production in Q3 compared to Q2, thanks to added capacity and operational efficiencies [1] - AABB retained $2 million from its Q3 production to expand its physical gold and silver holdings [1] Asset Valuation and Strategic Initiatives - AABB's gold and silver holdings have appreciated significantly, increasing in value by approximately $38 million to an estimated market value of $76 million, representing an unrealized gain of over 100% [2] - The company is committed to ongoing strategic expansion initiatives to increase production and add to its physical gold and silver holdings on a quarterly basis [2] Operational Insights - Despite challenges from evolving operations and recent weather issues, the mining team has consistently improved production processes each quarter [3] - The company is optimistic about its growth trajectory, indicating that it is in the early stages of a strong upward growth trend [3] Company Overview - Asia Broadband Inc. focuses on precious metals production and the accumulation of physical gold holdings, leveraging geographic expertise and industry contacts in Mexico [4] - The company also has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange [4]
Asia Broadband Gold and Silver Production and Gross Profit Upward Trend Continues in the Third Quarter, As Gold and Silver Holdings Appreciated $38 Million Dollars
Globenewswire·2025-11-12 13:00