Finland's Sotkamo Silver Q4 net sales up 25% on rapid rise in silver price

Sotkamo Silver AB

20/02/2026 07:12

Overview

Finland mining firm's Q4 net sales rose 25% yr/yr due to higher metal prices

Q4 EBITDA rose 119% yr/yr, driven by higher silver and gold prices

Company updated mineral resource estimates, extending mine life significantly

Outlook

Sotkamo Silver expects 2026 silver production between 0.9 mln and 1.2 mln ounces

Company anticipates annual EBITDA over 25 MEUR in 2026

Net debt-to-EBITDA expected to be below 1.0 at year-end 2026

Result Drivers

HIGHER METAL PRICES - Net sales and EBITDA increased significantly due to the rise in silver and gold prices

OPERATIONAL CHALLENGES - Lower production volumes due to inadequate mining resources and rock mechanical challenges

INVESTMENTS IN DEVELOPMENT - Company investing in development projects to improve production and secure mining targets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 135 mln
Q4 EBIT
SEK 33 mln
Q4 EBITDA
SEK 51 mln


Analyst Coverage

The one available analyst rating on the shares is "sell"

The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy."

Wall Street's median 12-month price target for Sotkamo Silver AB is SEK3.00, about 26.7% below its February 19 closing price of SEK4.09

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 2 three months ago

Press Release: ID:nMFN3YJzl2

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)