Americas Gold and Silver Q1 revenue rises on higher silver production

Americas Gold and Silver

14/05/2026 22:28

Overview

North America precious metals producer's Q1 revenue rose 187% yr/yr

Net income for Q1 swung to profit from prior-year loss, driven by higher silver production

Company declared commercial production at EC120 and signed antimony processing joint venture

Outlook

Americas Gold and Silver sees 2026 silver production of 3.2 mln to 3.6 mln oz

Company expects 2026 AISC of $30 to $35 per ounce sold

Company targets 2026 capital expenditures of $90 mln to $120 mln

Result Drivers

SILVER PRODUCTION SURGE - Revenue increased due to record Q1 silver output driven by higher tonnage at Galena and higher grades at Cosalá, with Cosalá production up 174% yr/yr after EC120 mine reached commercial production

HIGHER REALIZED SILVER PRICES - Revenue benefited from a rise in average realized silver prices to $79.48/oz from $32.10/oz in Q1-2025

Company press release: ID:nNFCbP2YBD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$67.80 mln
$69.23 mln (2 Analysts)
Q1 Net Income
$10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified mining peer group is "buy"

Wall Street's median 12-month price target for Americas Gold and Silver Corporation is C$13.25, about 33.2% above its May 13 closing price of C$9.95

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 32 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)