SMI has maintained its momentum in 2025, reporting a revenue of 326 million dirhams (MDH) in the second quarter, which is nearly stable compared to the same period in 2024.
As of the end of June 2025, the total revenue stands at 628 MDH, reflecting a 10% increase compared to the first half of 2024. This growth is attributed to the consolidation of operational performances and the appreciation of silver prices.
During the first half of the year, the company invested 98 MDH, primarily allocated to research and mining infrastructure projects.
As of June 30, 2025, SMI's cash position is 176 MDH, which is a decrease of 136 MDH compared to the end of 2024. This decline is mainly due to dividend distribution and an increase in working capital requirements.
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