USAS Stock Analysis: Americas Silver | NYSE MKT

Other Industrial Metals & Mining | NYSE MKT, USA | Market Cap: 1.651m USD | 12M Return: 73.7% | Charts, Fundamentals & Technical Analysis

Silver, Gold, Zinc, Lead
Total Rating 29
Safety 25
Buy Signal -1.44
Other Industrial Metals & Mining
Industry Rotation: -2.2
Market Cap: 1.65B
Avg Turnover: 18.4M
Risk 3d forecast
Volatility93.6%
VaR 5th Pctl16.3%
VaR vs Median5.90%
Reward TTM
Sharpe Ratio1.02
Rel. Str. IBD26.2
Rel. Str. Peer Group61.1
Character TTM
Beta2.107
Beta Downside1.598
Hurst Exponent0.488
Drawdowns 3y
Max DD58.03%
CAGR/Max DD1.19
CAGR/Mean DD2.93
EPS (Earnings per Share) EPS (Earnings per Share) of USAS over the last years for every Quarter: "2021-06": -0.13, "2021-09": -0.13, "2021-12": -0.18, "2022-03": -0.01, "2022-06": -0.04, "2022-09": -0.13, "2022-12": -0.06, "2023-03": -0.05, "2023-06": -0.03, "2023-09": -0.04, "2023-12": -0.04, "2024-03": -0.07, "2024-06": -0.02, "2024-09": -0.05, "2024-12": -0.0339, "2025-03": -0.0169, "2025-06": -0.06, "2025-09": -0.06, "2025-12": -0.0545, "2026-03": 0.0575,
Last SUE: -1.37
Qual. Beats: -4
Revenue Revenue of USAS over the last years for every Quarter: 2021-06: 9.515, 2021-09: 10.853, 2021-12: 14.25, 2022-03: 26.436, 2022-06: 19.948, 2022-09: 18.31, 2022-12: 20.322, 2023-03: 22.093, 2023-06: 24.222, 2023-09: 18.257, 2023-12: 30.588, 2024-03: 20.852, 2024-06: 33.213, 2024-09: 21.018, 2024-12: 28.055, 2025-03: 23.547, 2025-06: 26.927, 2025-09: 30.596, 2025-12: 36.864, 2026-03: 67.131057,
Rev. CAGR: 17.18%
Rev. Trend: 84.5%
Last SUE: -1.53
Qual. Beats: -4

Warnings

Strong Share Dilution
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +14.3% 33
Feb -7.0% 28
Mar -7.4% 9
Apr +7.6% 27
May -4.0% 39
Jun -4.8% 16
Jul +2.9% 19
Aug +0.0% 0
Sep -2.8% 19
Oct +1.7% 8
Nov -1.4% 19
Dec +6.9% 34

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: USAS Americas Silver

Americas Gold and Silver Corporation (NYSE MKT: USAS) is a Canadian mining company headquartered in Toronto that focuses on the exploration, development, and production of mineral properties across the Americas. The company, originally incorporated in 1998 and formerly known as Americas Silver Corporation before its September 2019 rebranding, primarily targets gold, silver, zinc, lead, and related by-products. It is classified within the Materials sector under the GICS Silver sub-industry.

As a precious and base metals miner, the company operates in a capital-intensive sector where revenue is closely tied to fluctuating commodity prices, and silver output is often produced alongside lead, zinc, and gold as co- or by-products from polymetallic deposits. Junior to mid-tier miners in this segment typically face elevated exposure to exploration risk, permitting timelines, and foreign-exchange movements, particularly when operating across multiple jurisdictions in North and South America.

Headlines to Watch Out For
  • Silver prices rally on solar panel and industrial demand
  • Galena Complex production expansion accelerates silver output growth
  • Cosala mine restart delayed by Mexican regulatory hurdles
Piotroski VR-10 (Strict) 3.0
Net Income: -58.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.14 > 0.02 and ΔFCF/TA 3.78 > 1.0
NWC/Revenue: 41.50% < 20% (prev -26.26%; Δ 67.76% < -1%)
CFO/TA 0.06 > 3% & CFO 24.7m > Net Income -58.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.69 > 1.5 & < 3
Outstanding Shares: last quarter (345.8m) vs 12m ago 30.51% < -2%
Gross Margin: 30.74% > 18% (prev 0.49%; Δ 30.25% > 0.5%)
Asset Turnover: 51.74% > 50% (prev 57.43%; Δ -5.68% > 0%)
Interest Coverage Ratio: -7.76 > 6 (EBIT TTM -42.0m / Interest Expense TTM 5.41m)
Altman Z'' -3.55
A: 0.15 (Total Current Assets 164.9m - Total Current Liabilities 97.8m) / Total Assets 440.0m
B: -1.50 (Retained Earnings -661.2m / Total Assets 440.0m)
C: -0.13 (EBIT TTM -42.0m / Avg Total Assets 312.1m)
D: 1.19 (Book Value of Equity 239.4m / Total Liabilities 200.6m)
Altman-Z'' = -3.55 = D
Beneish M -2.30
DSRI: 2.52 (Receivables 22.0m/5.72m, Revenue 161.5m/105.8m)
GMI: 0.02 (GM 0.49% / 30.74%)
AQI: 1.03 (AQ_t 0.03 / AQ_t-1 0.02)
SGI: 1.53 (Revenue 161.5m / 105.8m)
TATA: -0.19 (NI -58.7m - CFO 24.7m) / TA 440.0m)
Beneish M = -2.30 (Cap -4..+1) = BBB
What is the price of USAS shares?

As of July 11, 2026, the stock is trading at USD 4.30 with a total of 3,471,363 shares traded. Over the past week, the price has changed by -12.07%, over one month by -5.91%, over three months by -23.35% and over the past year by +73.74%.

Current recommended Stop Loss: 3.70 (which is 14% or 1.5 ATR below the current price).

Is USAS a buy, sell or hold?

Americas Silver has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy USAS.

  • StrongBuy: 1
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the USAS price?
Analysts Target Price 9.8 126.7%
Americas Silver (USAS) - Fundamental Data Overview as of 05 July 2026
Market Cap USD = 1.65b (1.65b USD * 1.0 USD.USD)
P/E Forward = 243.9024
P/S = 10.1771
P/B = 6.9169
Revenue TTM = 161.5m USD
EBIT TTM = -42.0m USD
EBITDA TTM = -19.8m USD
Long Term Debt = 45.0m USD (from longTermDebt, last quarter)
Short Term Debt = 12.3m USD (from shortTermDebt, last quarter)
Debt = 59.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -63.8m USD (calculated: Debt 59.0m - CCE 122.8m)
Enterprise Value = 1.59b USD (1.65b + Debt 59.0m - CCE 122.8m)
Interest Coverage Ratio = -7.76 (Ebit TTM -42.0m / Interest Expense TTM 5.41m)
EV/FCF = -26.68x (Enterprise Value 1.59b / FCF TTM -59.5m)
FCF Yield = -3.75% (FCF TTM -59.5m / Enterprise Value 1.59b)
FCF Margin = -36.82% (FCF TTM -59.5m / Revenue TTM 161.5m)
Net Margin = -36.33% (Net Income TTM -58.7m / Revenue TTM 161.5m)
Gross Margin = 30.74% ((Revenue TTM 161.5m - Cost of Revenue TTM 111.9m) / Revenue TTM)
Gross Margin QoQ = 51.72% (prev 30.47%)
Tobins Q-Ratio = 3.61 (Enterprise Value 1.59b / Total Assets 440.0m)
Interest Expense / Debt = 9.17% (Interest Expense 5.41m / Debt 59.0m)
Taxrate = 40.32% (6.65m / 16.5m)
NOPAT = -25.0m (EBIT -42.0m * (1 - 40.32%)) [loss with tax shield]
Current Ratio = 1.69 (Total Current Assets 164.9m / Total Current Liabilities 97.8m)
Debt / Equity = 0.25 (Debt 59.0m / totalStockholderEquity, last quarter 239.4m)
 Debt / EBITDA = 3.22 (negative EBITDA) (Net Debt -63.8m / EBITDA -19.8m)
 Debt / FCF = 1.07 (negative FCF - burning cash) (Net Debt -63.8m / FCF TTM -59.5m)
 Total Stockholder Equity = 141.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -18.80% (Net Income -58.7m / Total Assets 440.0m)
RoE = -41.36% (Net Income TTM -58.7m / Total Stockholder Equity 141.9m)
RoCE = -22.46% (EBIT -42.0m / Capital Employed (Equity 141.9m + L.T.Debt 45.0m))
 RoIC = -7.23% (negative operating profit) (NOPAT -25.0m / Invested Capital 346.4m)
 WACC = 13.12% (E(1.65b)/V(1.71b) * Re(13.39%) + D(59.0m)/V(1.71b) * Rd(9.17%) * (1-Tc(0.40)))
Discount Rate = 13.39% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 95.56 | Cagr: 86.62%
 [DCF] Fair Price = unknown (Cash Flow -59.5m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.37 | # QB: -4
Revenue Correlation: 84.45 | Revenue CAGR: 17.18% | SUE: -1.53 | # QB: -4
EPS current Quarter (2026-06-30): EPS=0.03 | Chg30d=-37.50% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.23 | Chg30d=-2.17% | Revisions=-40% | GrowthEPS=+270.7% | GrowthRev=+125.5%
EPS next Year (2027-12-31): EPS=0.47 | Chg30d=+1.06% | Revisions=-40% | GrowthEPS=+111.1% | GrowthRev=+72.3%
[Analyst] Revisions Ratio: -67% (up=0, down=6)