Santacruz Silver – Review of 2025 Financials and Operations, and Ongoing 2026 Growth Initiatives
The KE Report Apr 17, 2026
Summary
Santacruz Silver achieved record 2025 financials with $326.4M revenue and $104.6M adjusted EBITDA, while completely eliminating debt and adding $70M to treasury.
Bolivar mine recovery from May 2025 flooding is progressing ahead of schedule with full recovery expected Q4 2026, while multiple growth initiatives advance across portfolio.
Company is positioned for accretive acquisitions in the Americas, targeting producing or development-stage underground mining assets that can unlock shareholder value.