Americas Gold and Silver Corporation
TSX:USA
Americas Gold and Silver Corporation
Americas Gold & Silver Corp. engages in the acquisition, exploration, development, and exploration of mineral resource properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2000-02-15. The firm is engaged in acquisition, exploration, development and exploration of mineral resource properties in Mexico and the United States. The firm is focused on three operating mines, including the San Rafael mine at its Cosala Operations in Mexico, the Galena Complex in Idaho, the United States and the Relief Canyon Mine in Nevada, the United States. The Cosala Operations are located in the state of Sinaloa, Mexico and consist of approximately 67 mining concessions that cover approximately 19,385 hectares. The Galena Complex is located in Idaho’s prolific Silver Valley, a district that is focused on producing silver, lead, zinc and copper from operations, such as the Bunker Hill, Sunshine and Lucky Friday mines. The Relief Canyon Mine is located in Pershing County, Nevada and the project encompasses an open pit mine and heap leach processing facility.
Americas Gold & Silver Corp. engages in the acquisition, exploration, development, and exploration of mineral resource properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2000-02-15. The firm is engaged in acquisition, exploration, development and exploration of mineral resource properties in Mexico and the United States. The firm is focused on three operating mines, including the San Rafael mine at its Cosala Operations in Mexico, the Galena Complex in Idaho, the United States and the Relief Canyon Mine in Nevada, the United States. The Cosala Operations are located in the state of Sinaloa, Mexico and consist of approximately 67 mining concessions that cover approximately 19,385 hectares. The Galena Complex is located in Idaho’s prolific Silver Valley, a district that is focused on producing silver, lead, zinc and copper from operations, such as the Bunker Hill, Sunshine and Lucky Friday mines. The Relief Canyon Mine is located in Pershing County, Nevada and the project encompasses an open pit mine and heap leach processing facility.
Silver Production Surge: Americas Gold and Silver reported consolidated silver production of 765,000 ounces in Q3 2025, up 98% year-over-year and 11% quarter-over-quarter.
Revenue Growth: Revenue reached $30.6 million, increasing 37% versus Q3 2024 and 13% over the previous quarter, driven by higher silver output and prices.
Cost Improvements: Cost per silver equivalent ounce declined 18% to $23; cash cost per silver ounce fell 10% to $24.11; AISC per ounce decreased 9% to $30.
Positive EBITDA: Adjusted EBITDA swung to a positive $1.9 million from a loss in prior periods, signaling operational improvements.
Antimony Breakthrough: Achieved over 99% antimony extraction in test work, emphasizing the company’s position as a key U.S. antimony producer.
Strong Silver Focus: 87% of Q3 revenue came from silver, highlighting Americas as one of North America's few silver-focused producers.
Guidance Affirmed: Management highlighted ongoing operational enhancements and remains confident in meeting 2025 production and growth goals.