USASNYSEMetal MiningUS GAAP · USD

Americas Gold & Silver Corp

Americas Gold & Silver Corp is a North American precious-metals mining company focused on the extraction and development of silver and gold assets. The company operates mining properties in the United States and Canada and also has exposure to antimony through its production profile and asset base.

Liikevaihto118milj. USD
+17,7 %v/v
Liikevoitto (EBIT)−77,5milj. USD
−89,3 %v/v
EBIT-marginaali−65,7%
−24,8 %-yks.v/v
Nettotulos−87,4milj. USD
−94,0 %v/v
Vapaa kassavirta−73,2milj. USD
−233,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−100−50050100150milj. USD2022: 85 milj. USD2022: EBIT −40 milj. USD20222023: 95 milj. USD2023: EBIT −32 milj. USD20232024: 100 milj. USD2024: EBIT −41 milj. USD20242025: 118 milj. USD2025: EBIT −78 milj. USD2025118−78
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Silver55 %

Primary silver production from underground mining and processing operations.

Gold30 %

Gold produced alongside silver from the company's precious-metals assets.

Antimony and By-products5 %

Antimony-bearing output and other by-products recovered from mining operations.

Mine Development and Services10 %

Underground mine development, rehabilitation, and operating support activities tied to production growth.

Asiakkaat

The company sells into the precious-metals value chain rather than to end consumers, so its main customers are metal traders, refiners, offtake counterparties, and stream/royalty partners. Revenue is ultimately tied to market demand for silver, gold, and related metal products, while financing counterparties are important because the business has historically used metal delivery agreements and similar structures.

Metal traders and refiners

Buy silver and gold production for further processing, trading, or resale.

Streaming and royalty counterparties

Receive contracted metal deliveries under financing arrangements and may settle obligations in metal or equity.

Industrial silver users

Indirect end-market demand for silver production driven by industrial and fabrication needs.

Investment-linked precious metals buyers

Demand influenced by bullion and precious-metals price exposure rather than branded consumer products.

Strategia

The company's strategy centers on increasing production from its core silver and gold assets while improving operating reliability at existing mines. A key focus is reducing encumbrances tied to metal delivery agreements so more of future metal output can accrue directly to shareholders and support reinvestment in operations.

Increase production from core mining assetsKeskipitkä aikaväli

Higher mine output improves scale and better absorbs fixed site costs.

Improve operating productivityLyhyt aikaväli

Better throughput, grades, and recoveries strengthen the economics of precious-metals mining.

Eliminate metal-stream obligationsLyhyt aikaväli

Removing delivery commitments increases exposure to spot metal prices and reduces future encumbrances.

Maantiede

Americas Gold & Silver operates as a North American miner, with assets and operating exposure in the United States and Canada. Its business is therefore shaped by mine-site regulation, local labor and energy costs, permitting, and cross-border precious-metals logistics. The company's revenue is tied to metal sales from these North American operations rather than to a broad global distribution footprint.

Riskit

As a single-asset and small-portfolio precious-metals miner, the company is exposed to commodity-price swings, underground mining disruptions, and reserve/grade variability. It also faces financing and counterparty-structure risk because past metal delivery agreements, debt facilities, and rehabilitation capital needs can materially affect flexibility and dilution. Regulatory, environmental, and safety obligations are material because mine operations depend on permits, labor continuity, and compliance at active sites.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity price volatility1Underground mining and operational disruption2Counterparty and delivery-obligation structure3Permitting and compliance risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue is highly exposed to silver and gold realized prices.

    Kohdistuu: Silver and gold sales

  2. Underground mining and operational disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Underground mines are sensitive to shaft integrity, ground conditions, and throughput stability.

    Kohdistuu: Galena Complex and other mine operations

  3. Counterparty and delivery-obligation structureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Historical silver and gold delivery agreements can constrain future metal output and cash flow.

    Kohdistuu: Streaming and royalty arrangements

  4. Permitting and compliance riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Mining operations require ongoing regulatory approvals and environmental compliance.

    Kohdistuu: U.S. and Canadian mine sites

Kirjanpito

Harkinnanvaraiset erät
Decommissioning provision

Mine closure and reclamation obligations are estimated over long periods and can change with revised site plans.

Vaikutus: Affects liabilities and future cash outflows

Metal delivery obligations

Settlement of silver and gold delivery contracts requires measurement of liabilities, shares issued, and metal delivered.

Vaikutus: Affects liabilities, equity dilution, and gains/losses on settlement

Derivative instruments

Any embedded derivatives or hedging-related positions are measured at fair value and can move with metal prices.

Vaikutus: Can create quarterly earnings volatility

Impairment and reserve estimates

Mining assets depend on reserve life, grades, and future commodity assumptions.

Vaikutus: Can drive asset impairments or changes in depreciation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Americas Gold & Silver Corp (USAS) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo