07:45 AM EST, 11/21/2025 (MT Newswires) -- Kuya Silver ( KUYAF ) reported on Friday a net loss in the third quarter.

The company posted a net loss of C$1.5 million, or a loss of $0.01 per share, in the three months ended Sept. 30, compared to a net loss of $1.6 million, or a loss of $0.01 per share, posted in the same period last year.

Kuya Silver ( KUYAF ) recorded revenue of $771,084 from sales of concentrate from the Bethania mine in Peru, compared to no revenue in the prior-year quarter. However, production costs totaled $1.2 million, resulting in a net revenue loss of $394,706.

Kuya Silver's ( KUYAF ) silver equivalent sales dropped to 21,435 ounces in the third quarter from 58,078 ounces in the second quarter.

The company said it remains focused on achieving stable production of 100 tonnes per day at Bethania, which would serve as a pathway to reaching its phase one production target of 350 tonnes per day in 2026.