Americas Gold and Silver Q3 revenue rises 68% on record silver output
USAS•Americas Gold and Silver reported Q3 revenue of $51.4 million, up 68% year over year, as silver production rose 28% to a record. It reported an adjusted loss of $0.02 per share and a net loss of $5.6 million.
1. Quarterly results
Revenue rose 68% year over year to $51.4 million, while silver production increased 28% to a record. The company reported an adjusted loss of $0.02 per share and a net loss of $5.6 million. Higher silver grades at Cosalá, particularly from EC120, and improved production at the Galena Complex contributed to operational gains; higher realized silver prices also supported revenue growth.
2. 2026 outlook
Americas Gold and Silver expects 2026 silver production to be at the low end of its 3.2 million-to-3.6 million-ounce guidance and all-in sustaining costs to be at the high end of its $30-to-$35-per-ounce range. It plans $90 million to $120 million in capital investments, including $15 million to $20 million for exploration.
