Americas Gold and Silver Corporation

USAS Basic Materials Other Industrial Metals & Mining

Americas Gold and Silver Corporation’s revenue for fiscal 2025 (year ended December 2025) was $117.9 million, up 17.7% from fiscal 2024. In the quarter to June 2026, revenue grew 72.1%, EPS grew 69.8%, free cash flow fell 209.6% and total debt fell 8.98%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

3.78 0.08 −2.07%
Market cap
$1.3B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
2.29
Beneish M
−3.53
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 16.33%

Capital & Financial Ratios $m

Market Cap 1,310.00
Revenue 181.59
Net Income (47.71)
Free Cash Flow (70.02)
Net Debt (36.80)
Current Ratio 1.62 (at or above 1.5: strong)
Debt/Equity 0.18 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 6.86
P/B ratio 4.21
Past 5Y EPS Growth —
This Y EPS Growth 130.46% (at or above 15%: strong)
Next Y EPS Growth 209.16% (at or above 15%: strong)
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 78.87%
10-year low 10-year high
P/B against its own 10 years 85.53%
10-year low 10-year high
EV/Sales against its own 10 years 77.98%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 20 132 89
Receivables 9 7 9 18
Inventory 9 11 11 17
Other — — — —
23 41 154 127
2023 2024 2025 Q'26
Payables 23 37 39 64
ST’ Debt 15 13 10 8
Other 16 16 35 4
61 69 86 79

Compound Annual Growth %

10y 5y 3y
Sales 8.24% 33.43% 11.53%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 13.08% 4.11% 31.00%

Revenue $m

Mar Jun Sep Dec Year
’26 68 46 — — —
’25 24 27 31 37 118
’24 21 33 22 24 100
’23 22 24 18 31 95
’22 26 20 18 20 85
’21 10 10 11 14 45
’20 7 5 7 9 28
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 22 25 — — —
’25 (7) 5 (11) 9 (4)
’24 0 2 0 (5) (3)
’23 2 (6) 1 3 (1)
’22 (2) 7 (7) 0 (1)
’21 (16) (16) (9) (10) (51)
’20 1 (9) (9) (3) (19)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (16) — — —
’25 (14) (5) (22) (32) (72)
’24 (5) (2) (4) (11) (22)
’23 (4) (11) (4) (1) (19)
’22 (5) 2 (12) (6) (21)
’21 (19) (18) (13) (13) (64)
’20 (3) (11) (12) (5) (30)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.03 (0.02) — — —
’25 (0.07) (0.05) (0.06) (0.14) (0.33)
’24 (0.17) (0.05) (0.12) (0.09) (0.42)
’23 (0.12) (0.07) (0.10) (0.10) (0.40)
’22 (0.02) (0.10) (0.30) (0.15) (0.57)
’21 (1.80) (0.32) (0.32) (0.45) (2.77)
’20 (0.07) (0.22) (0.12) (0.17) (0.60)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 1.20 6.20 3.10 3.65 2.50 1.70 0.93 0.53 0.50 0.95

Analyst estimates 2026–2028

Powerpack
High 11.10 12.60 11.63 9.80 9.75 8.65 3.28 1.78 1.35 6.24
People
People Employees 553 586 586 629 647 578 605 622 651 659
Revenue/emp, $m 0.11 0.09 0.12 0.09 0.04 0.08 0.14 0.15 0.15 0.18
Income, $m
Income, $m Revenue 59 54 68 58 28 45 85 95 100 118
Gross margin, % 21.61 26.24 23.76 2.89 (12.04) (88.22) 15.20 15.24 17.42 28.04
EBT (5) (4) (10) (32) (31) (162) (41) (40) (48) (83)
EBT margin, % (8.49) (7.17) (14.64) (55.27) (111.42) (360.01) (48.78) (42.28) (48.23) (70.23)
Net income (5) (3) (11) (34) (30) (161) (45) (38) (49) (87)
Depreciation 7 7 11 13 8 16 21 21 24 21
Per share, $
Per share, $ Revenue 4.26 3.38 4.01 2.04 0.67 0.79 1.15 1.12 0.95 0.44
Earnings (0.37) (0.22) (0.62) (1.15) (0.60) (2.77) (0.57) (0.40) (0.42) (0.33)
Cash flow 0.39 0.10 0.51 0.50 (0.46) (0.90) (0.02) (0.01) (0.03) (0.01)
Capex (0.34) (0.45) (0.87) (0.40) (0.28) (0.22) (0.27) (0.21) (0.18) (0.26)
Free cash flow 0.05 (0.35) (0.37) 0.09 (0.73) (1.12) (0.28) (0.22) (0.21) (0.27)
Book value 6.31 5.48 4.94 4.87 4.36 1.83 1.34 0.85 0.59 0.83
Shares, m 14 16 17 29 42 57 74 85 106 267
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.80 3.02 1.03 3.88 12.05 2.56 1.33 0.56 1.00 11.58
P/B 0.54 1.86 0.84 1.63 1.85 1.11 1.14 0.74 1.62 6.16
EV/Sales 0.62 3.10 1.11 3.79 12.78 2.79 1.42 0.86 1.01 10.94
EV/FCF (14.00) (30.05) (12.16) 85.55 (11.68) (1.97) (5.81) (4.28) (4.61) (17.87)
Cash, $m
Cash, $m Operating cash flow 5 2 9 14 (19) (51) (1) (1) (3) (4)
Capex (5) (7) (15) (12) (12) (13) (20) (18) (19) (68)
Free cash flow 1 (6) (6) 3 (30) (64) (21) (19) (22) (72)
Balance, $m
Balance, $m Working capital 20 12 6 0 (19) (22) (17) (38) (28) 68
Total debt 8 15 8 16 25 13 10 15 20 56
Net debt (17) 6 5 (5) 20 10 8 13 0 (76)
Shareholders’ equity 87 88 84 139 181 104 99 72 62 222
Returns, %
Returns, % ROA (4.86) (2.83) (8.39) (18.23) (9.75) (63.29) (21.33) (18.83) (24.16) (28.88)
ROIC (2.53) (1.82) (4.12) (13.08) (9.69) (45.25) (15.56) (16.67) (26.25) (11.12)
ROE (6.85) (3.96) (12.40) (29.26) (15.71) (110.65) (42.59) (40.94) (67.09) (61.63)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Americas Gold and Silver Corporation vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NEXA Nexa Resources S.A. $1.7B 6.0× 4.4× +28.16% (above 0%: growing) +5,100.00% (above 0%: growing) +28.53% (above 0%: growing) 28.32% 19.31% Compare
USAS Americas Gold and Silver Corporation $1.3B — (loss-making) — +72.05% (above 0%: growing) n/m −209.58% (below 0%: shrinking) 47.97% 10.95%
TMC TMC the metals company Inc. $1.2B — (loss-making) — — n/m −87.95% (below 0%: shrinking) 0.00% 0.00% Compare
VZLA Vizsla Silver Corp. $1.2B — (loss-making) — — n/m +10.03% (above 0%: growing) 0.00% 0.00% Compare
CRML Critical Metals Corp. $1.0B — (loss-making) — — 0.00% 0.00% — — Compare
SGML Sigma Lithium Corporation $989.5M — (loss-making) 18.7× +223.90% (above 0%: growing) n/m +405.47% (above 0%: growing) 59.98% 13.84% Compare
EMAT Evolution Metals & Technologies Corp. $965.9M — (loss-making) — — n/m −607.00% (below 0%: shrinking) (7.03%) (744.93%) Compare
CMP Compass Minerals International, Inc. $948.4M 51.8× 39.5× +0.33% (above 0%: growing) n/m −179.91% (below 0%: shrinking) 17.60% 5.06% Compare
LAC Lithium Americas Corp. $810.5M — (loss-making) — — n/m −26.94% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $1.0B — 18.7× +28.16% — −13.47% 0.00% 0.00%

All 46 Other Industrial Metals & Mining stocks →

Americas Gold and Silver Corporation (USAS) key facts

  • Strength: Americas Gold and Silver Corporation’s revenue for fiscal 2025 (year ended December 2025) was $117.9 million, up 17.7% from fiscal 2024.
  • Americas Gold and Silver Corporation (USAS) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on NYSE American.
  • As of October 16, 2026, USAS traded at $3.78, a market capitalization of $1.3 billion.
  • Return on equity was −61.6% and debt-to-equity 0.18.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 2.29 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Americas Gold and Silver Corporation (USAS) Latest News

stockrow.com/USAS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com