Eric Sprott Announces Changes to His Holdings in Americas Gold and Silver Corporation
Rhea-AI Summary
Eric Sprott disclosed that Sprott Mining Inc., a corporation beneficially owned by him, sold 5,000,000 common shares of Americas Gold and Silver (NYSE:USAS) on December 9, 2025 on the Toronto Stock Exchange at about $6.7910 per share for aggregate consideration of $33,955,000.
Before the sale he beneficially owned 50,053,940 shares (≈16.3%); after the sale he owns 45,053,940 shares (≈14.7%), a 3.3% decrease since the last early warning filing. He retained a stated long-term view and may buy or sell future securities depending on market conditions.
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News Market Reaction
On the day this news was published, USAS gained 7.14%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.5% during that session. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $91M to the company's valuation, bringing the market cap to $1.37B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: NEXA up 4.99%, CRML up 1.27%, while CMP fell 9.97% and GSM slipped 0.67%, suggesting stock-specific factors around USAS.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 10 | Q3 2025 results | Positive | +9.8% | Strong Q3 growth with higher silver production and revenue at Galena. |
| Oct 20 | Production update | Positive | +3.1% | Reported 98% YoY increase in quarterly silver production in Q3 2025. |
| Oct 16 | Antimony results | Positive | +1.7% | Detailed strong antimony and copper production and high extraction rates. |
| Oct 14 | Government engagement | Positive | -2.0% | Partnership with Lot Sixteen to advance U.S. antimony processing initiatives. |
| Sep 16 | Shaft upgrade | Positive | -4.4% | Completed Phase 1 No. 3 Shaft upgrades, doubling hoisting capacity at Galena. |
Operational and production updates have generally been positive, with three of the last five news events followed by gains, though some strong operational releases saw short-term price pullbacks.
Over the last few months, Americas Gold and Silver reported strong Q3 2025 operating and financial metrics, including higher silver output and revenue at Galena and completion of Phase 1 upgrades on the No. 3 Shaft with a 100% hoisting capacity improvement. Additional releases highlighted antimony and copper production and a partnership with Lot Sixteen to engage the U.S. Government on antimony initiatives. These updates framed Galena as a key silver‑antimony asset. Today’s change in Eric Sprott’s holdings follows this string of operational progress and ownership disclosures.
Market Pulse Summary
The stock moved +7.1% in the session following this news. A strong positive reaction aligns with the stock’s recent pattern of responding to major disclosures, where several operational updates produced gains of up to 9.77%. However, this move followed news of a significant shareholder selling 5,000,000 shares and reducing ownership from 16.3% to 14.7%, which can introduce overhang concerns. Past divergence on good news and concentrated holder dynamics suggest investors should watch for follow-on ownership filings and liquidity conditions.
Key Terms
early warning report regulatory
AI-generated analysis. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - December 9, 2025) - Eric Sprott announces that, today, Sprott Mining Inc., a corporation which is beneficially owned by him, sold 5,000,000 common shares (Shares) of Americas Gold and Silver Corporation., over the Toronto Stock Exchange at a price of approximately
Prior to the disposition of Shares, Mr. Sprott beneficially owned 50,053,940 Shares representing approximately
Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
Americas Gold and Silver is located at 145 King Street West, Suite 2870, Toronto, Ontario, M5H 1J8. A copy of the early warning report with respect to the foregoing will appear on Americas Gold and Silver's profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (Sprott Mining Inc., 7 King Street East, Suite 1106, Toronto, ON, M5C 3C5).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277512
FAQ
What transaction did Eric Sprott report on December 9, 2025 for USAS?
At what price and total value were the USAS shares sold by Sprott on December 9, 2025?
How much USAS ownership does Eric Sprott hold after the December 9, 2025 sale?
How did Eric Sprott's USAS stake change compared to his prior early warning filing?
Could Eric Sprott buy or sell more USAS shares after the December 9, 2025 transaction?
Where can investors find the early warning report for Eric Sprott's USAS transaction?
