Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Andean Precious Metals Corp. is a publicly traded precious metals producer focused primarily on silver production, with by-product gold, operating in the precious metals mining industry. The company’s core activities center on mining, processing, and refining silver-bearing mineralized material, with revenues largely driven by the sale of silver doré. Andean Precious Metals serves global precious metals markets through established refining and offtake arrangements and is positioned as a mid-tier producer with a single-country operational focus.
The company’s principal asset is the San Bartolomé Mine, one of the largest primary silver operations in Bolivia, which gives Andean a specialized position in reprocessing and mining silver-rich material in a historic mining district. The company was formerly known as Apogee Silver Ltd. and rebranded as Andean Precious Metals Corp. in 2019 to reflect a strategic shift toward stable production and cash flow generation. Its evolution has focused on operational optimization, cost control, and extending mine life through resource development in the Potosí region.
Business Operations
Andean Precious Metals generates revenue through a single operating segment, silver and gold production, conducted primarily via its wholly owned Bolivian subsidiary Empresa Minera Manquiri S.A. The company’s operations include open-pit mining, reprocessing of historical mine material, and processing through a centralized milling and flotation facility at San Bartolomé. The resulting concentrate and doré are sold into international metals markets.
Operations are concentrated entirely in Bolivia, with no producing assets elsewhere. The company controls mining licenses, processing infrastructure, and related surface rights associated with the San Bartolomé operation. No material joint ventures are publicly disclosed, and Andean operates the asset directly through its subsidiary structure. Data on additional operating segments or diversified revenue streams is inconclusive based on available public sources.
Strategic Position & Investments
Andean Precious Metals’ strategic direction emphasizes maximizing cash flow from its existing asset base while extending the operational life of the San Bartolomé Mine through exploration, resource conversion, and efficiency improvements. Growth initiatives are primarily organic, focusing on plant optimization, improved recoveries, and evaluation of nearby mineralized material within trucking distance of existing infrastructure.
The company has not publicly disclosed major transformative acquisitions or equity investments outside its core Bolivian operations in recent filings. Its most significant operating investment remains Empresa Minera Manquiri S.A., which holds the San Bartolomé mining and processing assets. Exposure to emerging technologies or new mining jurisdictions is not evident in verified public disclosures, and data on additional portfolio companies is inconclusive based on available public sources.
Geographic Footprint
Andean Precious Metals’ operational footprint is concentrated in South America, specifically Bolivia, where all mining and processing activities are located. The San Bartolomé operation is situated near Potosí, a historic silver-producing region with established infrastructure and a long mining history.
The company is headquartered in Vancouver, Canada, which serves as its corporate and administrative base. While sales of silver and gold ultimately reach international markets, Andean does not maintain material operating assets outside Bolivia, and its geographic exposure remains highly focused on a single country.
Leadership & Governance
Andean Precious Metals is led by an executive team with experience in Latin American mining operations, capital markets, and operational turnarounds. The leadership philosophy emphasizes operational discipline, cost management, and sustainable engagement with local stakeholders and government authorities in Bolivia.
Key executives include:
- Alberto Morales – President & Chief Executive Officer
- Data inconclusive based on available public sources for additional current executive officers, as disclosures across filings and investor materials are not fully consistent or sufficiently detailed to verify multiple roles with certainty.
The company is governed by a board of directors responsible for oversight of strategy, risk management, and compliance with Canadian and U.S. securities regulations, as outlined in its public filings.