Jul. 9 at 4:51 PM
$ASM I asked Grok why the rally and got this. Silver and Gold Rally: Silver prices have gained 14.9% YTD in 2025, with a projected market deficit of 117.6 million ounces for the fifth consecutive year, driven by demand (1.148 billion ounces) outpacing supply (1.031 billion ounces). Gold prices are also supported by geopolitical uncertainty and economic concerns. ASM, a silver and gold producer, benefits directly from these price increases, boosting revenue potential and investor interest. Impact on ASM: ASM’s Q1 2025 production of 678,458 silver equivalent ounces (up 8% YoY) and strong margins (net income up to
$5.61M) position it to capitalize on higher metal prices, likely driving today’s rally.