One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Americas Gold and Silver Corporation
USAS · ASE · Basic Materials · Other Industrial Metals & Mining
Current price
$3.01
52-week range
$2.67 - $10.50
Market cap
$1.02B
Balance sheet
Healthy
-4.87x Concerning
Net cash $30.15M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 17.7% last year.
- Risk Return on equity was -27.1% last year — the company lost money on shareholders' equity.
What this company does
Americas Gold and Silver Corporation
Americas Gold and Silver Corporation mines for gold, silver, zinc, and lead, with most of its money coming from selling these precious metals and minerals. Understanding where their income originates helps you see how sensitive their profits are to the changing prices of these commodities.
How the company got here
Americas Gold and Silver Corporation, originally founded in 1998 as Scorpio Mining Corporation, has evolved through several name changes and acquisitions to become the company it is today. A significant turning point was the acquisition of the Cosalá Operations in Mexico in 2010. Later, in 2015, the company rebranded as Americas Silver Corporation after acquiring a stake in the Galena Complex in Idaho. The most recent rebranding to Americas Gold and Silver Corporation occurred in 2019, following the acquisition of the Relief Canyon Mine in Nevada. In late 2024, the company achieved full ownership of the Galena Complex. This history shows a pattern of strategic acquisitions aimed at expanding its portfolio of mining assets across North America.
What it actually does
Americas Gold and Silver Corporation is a mining company that extracts precious and base metals from the earth. Think of them as a company that digs up valuable rocks and then processes them to get out the good stuff, like silver, gold, zinc, lead, and copper. These metals are then sold to other industries that use them to make a wide variety of products, from electronics and jewelry to industrial machinery and construction materials. The company operates mines in both the United States and Mexico.
Cosalá Operations
The Cosalá Operations are located in Sinaloa, Mexico, and represent a significant part of Americas Gold and Silver's business. This segment is primarily focused on producing silver and base metals like copper and zinc. The ore mined here is processed at the Los Braceros facility. This operation is a key revenue generator for the company, contributing a substantial portion of its overall income.
Galena Complex
The Galena Complex, located in Idaho, USA, is another core operating segment for the company. It is known for producing silver and lead, and more recently, has become the nation's largest antimony mine. Antimony is a critical mineral used in various industrial applications, including flame retardants and batteries. The company recently acquired full ownership of this complex, signaling its importance to their strategy. This segment is a major contributor to the company's production and revenue.
Relief Canyon Mine
The Relief Canyon Mine is located in Nevada, USA, and is focused on the production of gold and silver. This mine was added to the company's portfolio through an acquisition in 2019. While it is one of the company's operating mines, its contribution to overall revenue is generally smaller compared to the Cosalá Operations and the Galena Complex. The company is implementing a focused development strategy here to meet production targets.
What management is betting on now
Americas Gold and Silver's management is focused on increasing silver and antimony production to become a leading North American producer of these metals. They are investing in their existing mining operations, like the Galena Complex and Cosalá Operations, to boost output and improve efficiency. A key part of their strategy is to establish a secure domestic supply of antimony, a critical mineral for modern technologies like AI and electrification. They believe that by optimizing operations and exploring for new resources, they can generate strong returns for shareholders.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
Revenue
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Net income
$160.60M
Diluted EPS
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Operating cash flow
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Free cash flow
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Sources
Is it cheap or expensive?
Fair value — vs current price $3.01
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $30.2M - more cash than debt. Interest coverage -4.9x.
Net debt
$-30.15M
Interest coverage
-4.87x
Americas Gold and Silver Corporation's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here.
Healthy
Worse cushion
Baseline
Better cushion
USAS
BASELINE
Americas Gold and Silver Corporation
Total debt $58.73M Interest coverage -4.87x This is the baseline the peer rows are being compared against.
Total debt $234.17M Interest coverage 14.26x This peer still has a real interest-payment cushion, while USAS does not.
Total debt $248.20M Interest coverage 6.11x This peer still has a real interest-payment cushion, while USAS does not.
Total debt $118.45M Interest coverage 18.16x This peer still has a real interest-payment cushion, while USAS does not.
Total debt $331.15M Interest coverage 23.64x This peer still has a real interest-payment cushion, while USAS does not.
What you should know
The case for and against USAS
1 Reward
1 Risk
Rewards
-
Revenue grew 17.7% last year.
Risks
-
Return on equity was -27.1% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
9.91x
P/B
3.44x
P/S
5.61x
EV/EBITDA
21.42x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
49.0%
Operating margin
11.0%
Net margin
-26.3%
ROE
-27.1%
ROA
5.2%
Health
Liquidity and balance-sheet strength
Debt / equity
0.20x
Current ratio
1.62x
Quick ratio
1.36x
Total debt
$58.73M
Total cash
$88.88M
Growth
How the business has been compounding
Revenue TTM
$181.59M
Revenue 5Y CAGR
11.5%
EPS TTM
-0.19
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-3.94M
Free CF TTM
$-73.19M
FCF margin
-40.3%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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