Americas Gold and Silver Reports Record Quarterly Silver Production and Revenue Growth
Americas Gold and Silver Corporation (USAS) reported a strong third quarter for 2026, highlighted by record silver production of 800,000 ounces—the highest in the company's 28-year history. Driven by higher realized metal prices and increased output at Cosalá, revenue surged 68% year-over-year to $51.4 million. The company also significantly narrowed its net loss to $5.6 million from a $16.5 million loss in the prior year. Operational performance was bolstered by improved silver grades and increased copper production at Cosalá, which helped lower cash costs for silver to $14 per ounce. However, management noted that all-in sustaining costs (AISC) reached $43 per ounce, sitting at the higher end of guidance due to capital projects and modernization efforts at the Galena mine. The company remains on pace to meet the lower end of its annual production guidance.