Americas Gold And Silver Corp Stock Price, News & Analysis

Americas Gold and Silver (NYSE: USAS) reported Q2 2025 financial results with consolidated silver production of 689,000 ounces, marking a 36% year-over-year and 54% quarter-over-quarter increase. The company posted revenue of $27.0 million, down 19% from Q2 2024, despite higher silver prices at $34.22/oz.

Key developments include securing a $100 million senior secured term loan facility with SAF Group, successful metallurgical testing showing >90% antimony recovery at Galena Complex, and a multi-metal offtake agreement with Ocean Partners. The company reported a net loss of $15.1 million for Q2 2025, with cash and equivalents of $61.7 million.

Strategic initiatives include operational improvements at Galena Complex and transition to the higher-grade silver-copper EC120 Project at Cosalá Operations, targeting commercial production by end of 2025. The company also announced a 2.5:1 share consolidation and appointment of Shirley In't Veld to its Board of Directors.

Americas Gold and Silver (NYSE American: USAS) reported significant operational progress in Q2 2025, with consolidated silver production reaching 689,000 ounces, marking a 54% increase from Q1 2025's 446,000 ounces.

The company's cash position strengthened substantially to US$61.7 million as of June 30, 2025, up US$52.9 million from Q1. This increase was primarily driven by a US$50 million first tranche from a Term Loan Facility and US$11.5 million from a non-brokered private placement.

Notable operational improvements include a 34% quarter-over-quarter increase at the Galena operation in Idaho and a 103% improvement at Cosalá, which is progressing towards its EC120 transition later in 2025.

Americas Gold and Silver (NYSE American: USAS) has successfully closed a US$100 million senior secured debt facility with SAF Group, primarily aimed at funding growth and development capital spending at the Galena Complex. The facility consists of three tranches: an initial US$50 million term loan advanced at closing, and two additional US$25 million tranches available upon meeting certain conditions.

The company is implementing strategic improvements at Galena, including the introduction of longhole stoping, acquisition of 10 new pieces of equipment (seven loaders and three 20-tonne haul trucks), and upgrades to the No. 3 shaft. The new mining method is expected to improve safety, productivity, and reduce costs while increasing backfill capacity.

Americas Gold and Silver (NYSE: USAS) has secured a transformational US$100 million senior secured debt facility and a strategic offtake agreement with Ocean Partners. The debt facility includes a US$50 million initial term loan and two additional US$25 million tranches, primarily to fund growth at the Galena Complex. Ocean Partners will purchase up to 100% of Galena's concentrates for processing at Teck's Trail Operations and will invest US$11.5 million in USAS through a private placement of 16.8 million shares at C$0.95 per share, a 14% premium to the 20-day VWAP. The funding will support capital development, including Long Hole Stoping implementation, equipment upgrades, and No. 3 shaft improvements. The debt facility terms include SOFR-based interest rates with a 4% floor plus 6% for the first two tranches and 4% for the third tranche.

Americas Gold and Silver (NYSE: USAS) has announced breakthrough metallurgical test results at its Galena Complex in Idaho, demonstrating high antimony recovery rates of 90-96% alongside strong silver (98-99%) recoveries. The testing, conducted by SGS Canada, achieved rougher concentrate grades of ~18-19% antimony and ~600 opt silver from ore grading ~1% antimony and ~50 opt silver. This development could position USAS as the only antimony producer in the United States, where currently >90% of antimony is imported. Antimony, designated as a critical mineral by the U.S. government, is crucial for defense, energy storage, and semiconductor applications. The Galena Complex has historically produced over 18 million pounds of antimony since 2001 but received no revenue due to concentrate quality limitations. The company is now advancing technical studies to commercially recover and monetize antimony from existing operations.

Americas Gold and Silver (NYSE: USAS) reported its Q1 2025 financial results with revenue increasing 12% to $23.5 million compared to Q1 2024, driven by higher realized silver prices of $32.10/oz. The company produced 446,000 ounces of silver and 837,800 ounces of silver equivalent, including 6.7M pounds of zinc and 3.8M pounds of lead.

The company reported a net loss of $18.9 million for Q1 2025, wider than the $16.2 million loss in Q1 2024. Cash costs were $25.04 per silver ounce, with all-in sustaining costs at $35.67. The company ended the quarter with $8.8 million in cash and a working capital deficit of $27.8 million.

Notable developments include the company's inclusion in the Solactive Global Silver Miners Index and ongoing transition at Cosalá operations from San Rafael Mine to the higher-grade EC120 zone. The Galena Complex showed promising exploration results, with an intersection of 983 g/t over 3.4 metres in the new 034 vein.

Americas Gold and Silver (TSX: USA, NYSE American: USAS) has announced its inclusion in the Solactive Global Silver Miners Index effective May 1, 2025. The company met the index's criteria, including significant silver mining activities, substantial revenue from silver mining, and market capitalization requirements.

According to CEO Paul Huet, this inclusion validates the company's success in establishing itself as a growing silver miner and could potentially attract more institutional investment while increasing stock liquidity, as the index serves as a benchmark for many large investment funds.

Americas Gold and Silver (NYSE American: USAS) has announced significant exploration results at its Galena Complex, highlighting the discovery and growth of the high-grade 034 Vein. The vein has shown impressive drill results, including 983 g/t silver over 3.44 metres, and extends along a 90-metre strike length over a 100-metre vertical extent.

The preliminary exploration target estimates 100-120k tonnes at 311-467 g/t silver and 0.31-0.40% copper, potentially yielding 1.2-1.5M silver ounces and 750-800k copper pounds. The company has also announced the arrival of new mining equipment, including two 20T trucks and three new LHDs, to improve material movement underground.

Additionally, the company has appointed Tara Hassan to its Board of Directors, bringing 20 years of mining industry and capital markets experience. The company also plans to begin drilling at the Coeur Mine in early May, targeting three veins below the 3400 Level.