The Tip Desk

Earnings

Americas Gold and Silver Revenue Rose 68% in Third Quarter

Silver production reached a quarterly record of 800,458 ounces in the third quarter, and the producer said it is on track for the low end of its full-year output guidance.

Americas Gold and Silver Corporation (USAS), a North American producer of silver and other critical minerals, reported third-quarter revenue rose 68% to US$51.4 million as higher realized prices and production lifted sales. Revenue was US$30.6 million a year earlier.

The quarterly increase followed a larger rise over the first nine months of 2026. Revenue for that period increased 104% to US$166 million from US$81.1 million in the same period of 2025, the company said.

Americas attributed record quarterly silver production and sales to strong performance at its Cosalá operations and progress recovering from temporary production interruptions at the Galena complex in the previous quarter. Consolidated silver production rose 5% from a year earlier.

At Cosalá, silver output increased 28% to 415,879 ounces. The company attributed the gain to higher grades across fewer tonnes as it entered the heart of the orebody at EC120, its flagship operation at Cosalá.

For the first nine months of 2026, consolidated silver production rose 19% to approximately 2.3 million ounces. Quarterly production amounted to 936,870 silver-equivalent ounces, including lead, copper and antimony.

Americas said it is on track to achieve the low end of its full-year production guidance of 3.2 million to 3.6 million silver ounces. It also said it is on track for the high end of its all-in sustaining cost guidance of US$30 to US$35 per ounce sold.

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