Americas Silver Corp

Americas Gold and Silver reported second-quarter 2026 revenue of $46.3 million, a 71% increase from $27.0 million a year earlier, driven by higher realized silver prices. Silver production was 665,000 ounces, with silver equivalent production of 801,000 ounces, and the company reiterated full-year guidance of 3.2 million to 3.6 million ounces. Net loss narrowed to $5.0 million, or $0.02 per share, from $15.1 million a year earlier, while adjusted EBITDA improved to $12.0 million from a loss of $4.1 million. The company settled $76 million in future variable metal price-linked obligations, reducing annual debt servicing by $28 million, and completed Phase 2 shaft upgrades at the Galena Complex, doubling hoisting capacity to 85 tonnes per hour. Cash and cash equivalents stood at $88.9 million as of June 30, 2026, down from $129.8 million at the end of 2025.

Americas Gold and Silver Corporation announced high-grade drill results from its ongoing resource conversion drilling program at the Cosalá Complex. Drilling was conducted in fiscal Q4 2025 through fiscal Q1 2026 at the San Rafael Upper, 120 Upper, and 120 Lower zones, with all three zones returning considerably higher silver grades than the currently modeled resource. The results were reported after the October 31, 2025 Mineral Resource cutoff date and are not included in the company's recently announced Mineral Resource and Reserve statement. Chairman and CEO Paul Andre Huet highlighted that hole SR568 intersected 14.0 meters grading 599.8 grams per tonne silver in a section of the Mineral Resource that predicted silver grades of 110 grams per tonne, representing more than five times potential upgrade to the grades in that area.