Andean Precious Metals reports after the market closes on November 10. Analysts expect earnings of C$0.27 per share. The company has beaten estimates in two of its last four comparable quarters, though its two most recent results fell short.
Andean Precious Metals Corp. (TSX: APM) will report results for the quarter ended September 30, 2026. The consensus EPS estimate is C$0.27, based on two analysts, with estimates ranging from C$0.24 to C$0.29. One analyst expects revenue of US$194.6 million, which would represent year-over-year growth of 115.2%. These estimates are a benchmark, not a promise. For more company metrics and updates, visit the APM stock page.
Recent earnings trend
Andean Precious Metals Corp.
APM.TO
APM.TO
Andean Precious Metals Corp.
WealthAwesomeMarket cap
$777.83M
P/E
4.9x
52W high
$12.55
52W low
$4.49
1W change
+1.80%
Beta
1.93
Analyst Price Targets
Based on analyst covering APM · as of Nov 9, 2026
Wall Street analysts forecast APM stock price to rise 166.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.50
+166.8% Upside
Previously C$13.42 on Nov 6, 2026
Current Price
C$5.06
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on APM's historical volatility
30-Day Vol
63.9%
Annualized
90-Day Vol
65.5%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$4.37
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.92 | C$3.94 – C$6.13 |
| 60 trading days | C$4.63 | C$3.39 – C$6.33 |
| 90 trading days | C$4.37 | C$2.98 – C$6.40 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-10 | — | 0.2700 | — |
| 2026-06-30 | 2026-08-11 | -0.0200 | 0.0200 | -200.0% |
| 2026-03-31 | 2026-05-12 | 0.3200 | 0.4300 | -25.6% |
| 2025-12-31 | 2026-03-24 | 0.3947 | 0.3900 | +1.2% |
| 2025-09-30 | 2025-11-11 | 0.3993 | 0.1100 | +263.0% |
| 2025-06-30 | 2025-08-12 | 0.1000 | 0.1000 | +0.0% |
Investor takeaway: The report will show whether Andean turned recent production and sales activity into earnings near the C$0.27 consensus. The company reported third-quarter production of 27,262 gold-equivalent ounces, up 6% year over year, and record quarterly sales of 39,178 ounces. Those figures provide context, but they don’t establish revenue, margins, or EPS. With just two analysts contributing to the EPS estimate and one to the revenue estimate, the consensus offers a limited view. Canadian investors should also note that the revenue estimate is in US dollars, while the share price is in Canadian dollars.
C$0.27 EPS consensus
Two analysts estimate EPS of C$0.24 to C$0.29 for the quarter ended September 30. Andean beat estimates in two of its last four comparable quarters, but missed in its two most recent reports. The US$194.6 million revenue estimate comes from one analyst.
Bull case
The bullish case rests on recent operating results. Third-quarter production rose year over year, and sales reached a quarterly record. In its second-quarter update, Andean also reported that year-to-date revenue had increased 70% to US$230.8 million. It said it sold deferred metal inventory worth about US$56.3 million after quarter-end. If recent sales support stronger reported revenue and earnings, the results could back up the high growth reflected in the revenue estimate. Andean has beaten estimates in two of its last four comparable quarters, including a substantial beat for the quarter ended September 30, 2025. That record offers some support for optimism, but it isn’t a reliable pattern.
Bear case
Andean’s recent EPS results are a reason not to assume it will meet consensus. For the quarter ended June 30, 2026, it reported EPS of -C$0.02 against an estimate of C$0.02. For the quarter ended March 31, it reported C$0.32 against C$0.43 expected. The latest revenue estimate comes from one analyst, so it doesn’t represent a broad market view. Production and sales figures don’t show realized prices, costs, margins, or the impact of inventory timing. The shares closed at C$5.06, below their 50-day and 200-day moving averages, and were down 12.69% over the month to the supplied snapshot date. That’s context for volatility, not a signal of how the report will turn out.
Analysis
Andean is scheduled to report after the market closes on November 10 for the quarter ended September 30. The consensus EPS estimate is C$0.27, with a range of C$0.24 to C$0.29 from two analysts. One analyst expects revenue of US$194.6 million, representing estimated growth of 115.2%. The analyst count is low, so these estimates offer only a limited view of expectations. The EPS estimate rose from C$0.00 to C$0.27 over the past 30 days. The supplied data shows no upward or downward revisions during that period.
Analysis
In an October 13 company release, Andean reported third-quarter production of 27,262 gold-equivalent ounces, up 6% year over year, and record sales of 39,178 ounces. Production for the first nine months of the year was up 12%. In its August second-quarter results release, the company said year-to-date revenue had risen 70% to US$230.8 million. It also reported about US$56.3 million in deferred metal inventory sales after quarter-end. These figures help frame the upcoming report, but they don’t reveal third-quarter revenue, costs, margins, or EPS. See the APM stock page for more company details.
Analysis
Andean beat estimates in two of its last four reported quarters. Its two most recent results were misses: EPS was -C$0.02 versus C$0.02 expected for the June 2026 quarter, and C$0.32 versus C$0.43 expected for March. Before those results, the company reported C$0.3947 against C$0.39 expected for December 2025, and C$0.3993 against C$0.11 expected for September 2025. The record is mixed, so it doesn’t support assuming another beat.
The supplied analyst-target data lists an average target of C$13.42, compared with the last close of C$5.06. See the analyst ratings section for details. A separate Wealth Awesome statistical model gives a 90-day mean forecast of C$4.23, with a 68% range of C$2.90 to C$6.17 and a 95% range of C$1.99 to C$8.99. This is a statistical model, not financial advice. More details are on the price prediction page.
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