SMI: 19% Increase in Revenue by the End of September 2025

In the third quarter of 2025, SMI's revenue reached 349 MDH, reflecting a 40% increase compared to the same period in 2024. This positive trend is attributed to a 34% rise in sales volumes and an 11% appreciation in selling prices. By the end of September 2025, the cumulative revenue amounted to 978 MDH, marking a 19% increase from the same period last year. This growth was supported by strengthened operational performance and rising silver prices in the international market. Investments made by the end of September 2025 totaled 152 MDH, with 32% allocated to exploration activities. As of September 30, 2025, the company's cash reserves stood at 133 MDH, a decrease of 179 MDH due to dividend distributions and an increased working capital requirement.