Americas Gold and Silver Q2 revenue grows 71% to $46.3 million, net loss narrows to $5 million
Americas Gold and Silver (NYSEAMERICAN:USAS) announced its Q2 2026 results, with revenue increasing by 71% year-over-year to approximately $46.3 million. Net loss narrowed to $5 million (compared to a loss of $15 million in the same period last year), and adjusted EBITDA improved to $12 million (compared to a loss of $4.1 million last year). The performance was driven by higher silver prices (average realized price of $67/ounce, compared to $34/ounce in the same period last year) and strong performance from the Cosalá mine. The company maintained its full-year 2026 silver production guidance at 3.2 million to 3.6 million ounces. Additionally, the company completed the modernization of the Galena complex shaft and resolved remaining metal delivery obligations with Sprott and Royal Gold, eliminating over $76 million in future variable metal obligations and over $28 million in annual debt service obligations. The company held approximately $89 million in cash at the end of the quarter.
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