Americas Gold And Silver Corp (AMEX:USAS)
$ 4.2 +0.16 (+3.96%) Market Cap: 1.40 Bil Enterprise Value: 1.34 Bil PE Ratio: 0 PB Ratio: 5.92 GF Score: 54/100

Q1 2026 Americas Gold and Silver Corporation Earnings Call Transcript

May 15, 2026 / 02:00 PM GMT
Release Date Price: $6.25 (-12.59%)

Key Points

Positve
  • Americas Gold And Silver Corp (USAS) achieved record consolidated silver production of 787,000 ounces in Q1 2026.
  • The company reported a significant increase in revenue, up 84% from the previous quarter and 189% from Q1 2025.
  • Net income improved to $10 million in Q1 2026, compared to a net loss of $20 million in Q1 2025.
  • The company has a strong liquidity position with a cash balance of approximately $122 million.
  • Americas Gold And Silver Corp (USAS) has made four major new high-grade discoveries at the Galena Complex, enhancing its resource base.
Negative
  • Cash costs remain high at approximately $24 per ounce sold, with all-in sustaining costs at $34 per ounce sold.
  • The company faces challenges in maintaining safety across operations, despite recent milestones.
  • There is ongoing uncertainty regarding the impact of geopolitical issues in Sinaloa on operations and shipments.
  • The company is heavily reliant on the successful commissioning of the Pace backfill plant by Q4 2026 to improve productivity.
  • Despite increased analyst coverage, the company still faces challenges in market visibility and institutional awareness.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

USA.TO - Americas Gold and Silver Corporation
Q1 2026 Americas Gold and Silver Corporation Earnings Call
May 15, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Well, good morning, everyone. I would like to welcome you to the America's Gold and Silver First Quarter 2026 Conference Call. Just a reminder that today's call is being recorded. All lines have been placed on mute, but later we will take your questions. If you have a question today, it's star one on your telephone keypad. I would now like to hand the conference over to Mr. Warren Varga, CFO. Please go ahead, sir.

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Unidentified_2 [2]
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Thank you, and good morning, everyone, and welcome to the Americas Gold and Silver's first
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