Andean Precious Metals Q4 Earnings: A Guidance Failure

The massive bullishness in the price of gold has created a trend this week for producers reporting their earnings.

They’ve all gone up given the great economics that $3,000 gold presents. Well, except for Andean Precious Metals (TSX: APM) that is. Whom posted results that the market seemingly really didn’t like for whatever reason with the stock trading down 5% as of the time of assembling all this.

So how bad were they?

Lets dive in.


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