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
$5.07
52-week range
$3.07 - $10.50
Market cap
$1.71B
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 is a mining company that explores for and produces metals like gold, silver, zinc, and lead from its properties in North and South America. The company makes money by selling these metals on the open market. This means its financial success is closely tied to the global prices of these raw materials, as higher prices allow it to earn more for the metals it digs up.
How the company got here
Originally founded as Scorpio Mining Corporation in 1998, the company grew by acquiring mining operations in Mexico and the United States. A key turning point was its 2019 acquisition of a gold mine in Nevada, which led to its name change to Americas Gold and Silver. However, that gold mine faced technical problems and had to be shut down temporarily. More recently, in late 2024, the company underwent a major shift, appointing a new CEO and taking full ownership of its promising Galena Complex mine in Idaho, positioning it as the company's main focus for the future.
What it actually does
Americas Gold and Silver is in the business of finding, developing, and operating mines to extract valuable metals from the earth. It explores for deposits of silver, gold, and other metals like zinc, lead, copper, and antimony. The company digs these metals out of the ground, processes the ore to create concentrated forms of the metals, and then sells these concentrates to other companies for further refining and use in manufacturing and technology.
Galena Complex
This is the company's flagship operation, an underground silver mine located in Idaho's historic Silver Valley. It is currently the company's primary focus and is also the largest source of antimony (a critical mineral used in batteries and flame retardants) in the United States. Americas Gold and Silver is investing heavily in a 'recapitalization' plan for this mine, which means they are spending significant money to modernize its equipment and infrastructure to increase production. This segment makes money by selling the silver, lead, copper, and antimony it extracts from the mine.
Cosalá Operations
Located in Sinaloa, Mexico, this is another key mining operation for the company. It has been a consistent producer, contributing significantly to the company's overall output of silver. This segment generates revenue (the money a company brings in from sales) by mining and selling silver, as well as by-products like zinc, lead, and copper found in the same deposits. Recent exploration efforts in this area have shown promising results for finding more high-quality ore.
Relief Canyon Mine
This is a gold mine in Nevada that the company acquired in 2019. Unlike the other segments, it is not currently making money because operations were suspended in 2021 due to technical challenges in extracting the gold economically. The mine is currently on 'care and maintenance,' which is a state where a mine is kept safe and stable but is not actively producing. The company is evaluating its options for what to do with this asset in the future.
What management is betting on now
The company's main strategy is to transform into a top North American silver producer by focusing heavily on its Galena Complex in Idaho. They are betting that major investments in new equipment and infrastructure will significantly increase the amount of silver and other metals they can mine. A key part of this strategy is developing a domestic supply of antimony, a critical mineral, by building a new processing facility at the Galena site. Management is also focused on strengthening the company's balance sheet (a snapshot of its financial health) by paying off old obligations, which gives them more financial flexibility for growth.
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 $5.07
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 is healthier than 0 of 1 peers on balance-sheet leverage.
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.
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
16.90x
P/B
5.79x
P/S
9.44x
EV/EBITDA
36.45x
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
-0.18
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
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Payout ratio
0.0%
Last ex-div date
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