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The company said that its consolidated silver production increased 12% to 1,458,448 ounces in Q3 2022 compared to Q3 2021, primarily driven by increased silver production at the Guanacevi mine. For the three months ended September 30, 2022, the company's net revenue increased by 15% to $39.7 million . The company added it realized a net loss for the period of $1.5 million after an income tax expense of $3.2 million .
CEO Dan Dickson commented,"This quarter is a continuation of our strong operational performance. With production guidance reaffirmed, and a strong fourth quarter expected, we are feeling confident about our 2022 production results.
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