The company reported a $6.78M revenue miss and lower adjusted earnings of $0.10 per share for the quarter.
Discovery Silver posted Q1 revenue of $285M, missing estimates by $6.78M. GAAP earnings per share stood at $0.10, matching adjusted EPS but down from $0.14 in Q4 2025.
Adjusted net earnings totaled $82.7M, a decline from $113.5M in the prior quarter. Q4 2025 included a $0.05 per share boost from an income tax recovery, which did not recur.
The results reflect weaker-than-expected topline performance amid ongoing operational challenges.