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Industrias Peñoles, S.a.b. de C.v. (IPOAF) is a non-energy raw materials company in the additional valuable metal extraction industry, based in Mexico City, Mexico, with about 16,037 full-time employees.
It reported revenue of $8.65 billion for fiscal year 2025, up 30.0% from fiscal year 2024, and net income of $1.37 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $2.89 billion, up 38.9% from a year before. Its market capitalization was $19.08 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
B. , together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and minerals in Mexico, Europe, Canada, Asia, the United States, South America, and internationally. It operates through Mines of Precious Metal, Base Metals Mines, Metallurgical, and Other segments.
Industrias Peñoles, S.a.b. de C.v. reported $8.65 billion in revenue for fiscal year 2025, up 30.0% from $6.65 billion in fiscal year 2024. In Q2 2026 revenue was $2.89 billion.
$19.08 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (additional valuable metal extraction) include Valterra Platinum Limited (AGPPF), Hecla Mining Company (HL), First Majestic Silver Corp. (AG), Compañía de Minas Buenaventura S.a.a. (BVN).