Andean Precious Metals Posts Strong Q4, Sets 2026 Outlook on Gold and Silver Growth - TipRanks

Andean Precious Metals’ strong Q4 print and 2026 outlook provide a fundamental support point for silver/gold-linked equities: better operating performance and guidance can tighten the risk premium applied to mid-tier miners. For positioning, this is most actionable via relative value within the silver producer complex (quality rerating vs higher-cost peers) rather than the metals outright. Key watch items: production/throughput guidance, AISC trajectory, and any commentary on hedging and capex (which can cap upside beta to spot). If guidance implies improving margins at current strip, equity beta to silver remains attractive on dips.