STOCK TITAN

Americas Gold and Silver Corporation - $USAS STOCK NEWS

Welcome to our dedicated page for Americas Gold and Silver Corporation news (Ticker: $USAS), a resource for investors and traders seeking the latest updates and insights on Americas Gold and Silver Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Americas Gold and Silver Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Americas Gold and Silver Corporation's position in the market.

Rhea-AI Summary

Americas Gold and Silver provided its Q1-2024 production results, showcasing a consolidated attributable silver production of 0.48 million ounces. The company also announced the appointment of Jim Currie as Chief Operating Officer. Despite a slight decrease in silver production compared to the previous year, positive trends are expected to continue with upcoming projects. Currie's vast mining experience is anticipated to enhance production and profitability at the Galena Complex. The Company is in the final stages of securing financing for the EC120 Project, aiming to commence higher-grade silver-copper concentrate production in early 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary
Americas Gold and Silver (USAS) reports financial results for the year ended December 31, 2023, with revenue increasing to $89.6 million, a net loss of $38.2 million, and consolidated attributable silver production up by 56%. The Company is in negotiation for concentrate prepayment financing and closed equity offerings for working capital. Silver production grew significantly in 2023, with plans for further growth in 2024 and 2025. Cosalá Operations and Galena Complex both saw production increases and cost changes, with positive results from exploration drilling at the Galena Complex.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
-
Rhea-AI Summary
Americas Gold and Silver (USAS) successfully closed an offering, raising $7.8 million through the sale of 21,667,000 Units at $0.30 per Unit. The Company also issued additional Units through private placements, totaling 25,000,000 Units. The net proceeds will be used for operational needs and expanding silver-copper ore production at its U.S. and Mexico operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
Rhea-AI Summary
Americas Gold and Silver provides an update on Galena Complex exploration results, showcasing high-grade silver and copper intercepts. Hole 49-703 returns remarkable grades, indicating potential for increased ore production. The Company's successful drilling program aims to exploit new mineral resources and enhance silver production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
none
-
Rhea-AI Summary
Americas Gold and Silver Corporation reported a 56% increase in consolidated attributable silver production in 2023 compared to 2022. Despite falling 7% below its original silver guidance for the year, Q4-2023 was the Company's strongest production quarter, with a 50% increase in silver production. The Company is making significant progress with interested metal traders to provide concentrate prepayment financing for the capital requirements at its 100%-owned El Cajón and Zone 120 silver-copper project, with the goal to be producing higher-grade silver-copper concentrates by the end of 2024. The Galena Complex exploration program continues to generate impressive results, with high-grade silver intercepts expected to add mineable resources that could be additive to planned 2024 silver production totals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
Tags
none
-
Rhea-AI Summary
Americas Gold and Silver Corporation (USA) Reports Q3-2023 Financial and Operational Results with Revenue of $18.3 million, a net loss of $10.5 million, and 17% increase in silver production. The Company expects to meet the lower end of its full year silver production targets. Darren Dell resigned from his role as COO. Galena Complex and Cosalá Operations both experienced production challenges and cost impacts during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12%
Tags
none
Rhea-AI Summary
Americas Gold and Silver Corporation reports Q3-2023 production results, with consolidated attributable silver production increasing by 17% compared to Q3-2022. However, consolidated attributable silver equivalent production decreased by 26% due to higher silver prices and lower zinc prices. Production was negatively impacted by electrical shutdowns and mill outages. The company expects an increase in silver production in the near term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
none
-
Rhea-AI Summary
Americas Gold and Silver Corporation reports Q2-2023 production results, with consolidated attributable silver production increasing by 92% YoY and 15% QoQ. Consolidated attributable silver equivalent production was approximately 1.3 million ounces. Production guidance for 2023 remains unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.33%
Tags
none
Americas Gold and Silver Corporation

NYSE:USAS

USAS Rankings

USAS Stock Data

68.84M
245.48M
0.37%
20.56%
0.98%
Silver Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto

About USAS

americas silver corporation (tsx: usa) (nyse american: usas) is a leading canadian-based junior silver producer with a strong operating platform in the americas. silver production of 2.0 – 2.5 million ounces and silver equivalent production of 5.0 - 5.5 million ounces is expected in 2017 at silver cash costs of us$5.00 per ounce and all-in sustaining costs of us$10.00/oz. with the recently constructed san rafael mine in full production, americas silver is positioned to become one of the lowest cost silver producers globally by 2018.