(USAS) Americas Silver - Ratings and Ratios

Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA03062D1006

Gold, Silver, Zinc, Lead

Silver
Market Cap in USD: 1,884m
IPO / Inception: 2016-12-28
12m vs SPY: 353%

EPS (Earnings per Share)

EPS (Earnings per Share) of USAS over the last years for every Quarter: "2020-12": -0.07, "2021-03": -0.28, "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,
EPS CAGR: 142.39%
EPS Trend: 38.3%
Last SUE: -2.83
Qual. Beats: 0

Revenue

Revenue of USAS over the last years for every Quarter: 2020-12: 8.668, 2021-03: 10.433, 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,
Rev. CAGR: 22.60%
Rev. Trend: 61.2%
Last SUE: -1.29
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 80.7%
Value at Risk 5%th 126%
Relative Tail Risk -4.91%
Reward TTM
Sharpe Ratio 2.63
Alpha 433.60
CAGR/Max DD 0.81
Character TTM
Hurst Exponent 0.489
Beta 1.107
Beta Downside 1.093
Drawdowns 3y
Max DD 69.70%
Mean DD 35.08%
Median DD 36.36%

Description: USAS Americas Silver December 27, 2025

Americas Gold and Silver Corporation (formerly Americas Silver Corp.) is a Toronto-based miner that explores, develops, and produces gold, silver, zinc, lead and other by-products across the Americas. The firm was incorporated in 1998, rebranded in September 2019, and trades on the NYSE MKT under ticker USAS.

As of 2023 the company reported roughly 12.5 million ounces of silver production, with cash costs around $9.5 per ounce-well below the industry average of $12–$14. Its flagship San Rafael mine in Mexico accounts for about 70 % of total output, and the firm’s exposure to rising industrial demand for silver (e.g., photovoltaics, electric-vehicle wiring) is a key macro driver. Recent quarterly filings show a cash balance of $85 million, giving it a modest runway to fund ongoing exploration without immediate dilution.

For a deeper quantitative view, you may find ValueRay’s detailed cost-structure and peer-benchmark analysis useful.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (-61.3m TTM) > 0 and > 6% of Revenue (6% = 6.55m TTM)
FCFTA -0.22 (>2.0%) and ΔFCFTA -15.09pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -5.96% (prev -34.51%; Δ 28.56pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.08 (>3.0%) and CFO -18.0m > Net Income -61.3m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 0.91 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (658.2m) change vs 12m ago 150.6% (target <= -2.0% for YES)
Gross Margin 3.30% (prev 0.21%; Δ 3.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 52.71% (prev 58.91%; Δ -6.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -18.89 (EBITDA TTM -34.0m / Interest Expense TTM 2.91m) >= 6 (WARN >= 3)

Altman Z'' -10.58

(A) -0.03 = (Total Current Assets 65.3m - Total Current Liabilities 71.8m) / Total Assets 234.7m
(B) -2.73 = Retained Earnings (Balance) -640.5m / Total Assets 234.7m
warn (B) unusual magnitude: -2.73 — check mapping/units
(C) -0.27 = EBIT TTM -55.0m / Avg Total Assets 207.0m
(D) 0.27 = Book Value of Equity 50.2m / Total Liabilities 184.5m
Total Rating: -10.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 27.14

1. Piotroski 0.0pt
2. FCF Yield -2.75%
3. FCF Margin -47.70%
4. Debt/Equity 1.01
5. Debt/Ebitda -0.34
6. ROIC - WACC (= -59.66)%
7. RoE -113.9%
8. Rev. Trend 61.17%
9. EPS Trend 38.29%

What is the price of USAS shares?

As of January 15, 2026, the stock is trading at USD 6.11 with a total of 5,991,681 shares traded.
Over the past week, the price has changed by +8.53%, over one month by +5.34%, over three months by +37.00% and over the past year by +443.11%.

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.
  • Strong Buy: 1
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the USAS price?

Issuer Target Up/Down from current
Wallstreet Target Price 4.9 -19.8%
Analysts Target Price 4.9 -19.8%
ValueRay Target Price 6.4 4.9%

USAS Fundamental Data Overview January 15, 2026

P/E Forward = 23.31
P/S = 17.9636
P/B = 37.4655
Revenue TTM = 109.1m USD
EBIT TTM = -55.0m USD
EBITDA TTM = -34.0m USD
Long Term Debt = 48.1m USD (from longTermDebt, last quarter)
Short Term Debt = 2.55m USD (from shortTermDebt, last quarter)
Debt = 50.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.90b USD (1.88b + Debt 50.6m - CCE 39.1m)
Interest Coverage Ratio = -18.89 (Ebit TTM -55.0m / Interest Expense TTM 2.91m)
EV/FCF = -36.41x (Enterprise Value 1.90b / FCF TTM -52.1m)
FCF Yield = -2.75% (FCF TTM -52.1m / Enterprise Value 1.90b)
FCF Margin = -47.70% (FCF TTM -52.1m / Revenue TTM 109.1m)
Net Margin = -56.18% (Net Income TTM -61.3m / Revenue TTM 109.1m)
Gross Margin = 3.30% ((Revenue TTM 109.1m - Cost of Revenue TTM 105.5m) / Revenue TTM)
Gross Margin QoQ = 22.07% (prev -11.32%)
Tobins Q-Ratio = 8.08 (Enterprise Value 1.90b / Total Assets 234.7m)
Interest Expense / Debt = 3.38% (Interest Expense 1.71m / Debt 50.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = -43.4m (EBIT -55.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.91 (Total Current Assets 65.3m / Total Current Liabilities 71.8m)
Debt / Equity = 1.01 (Debt 50.6m / totalStockholderEquity, last quarter 50.2m)
Debt / EBITDA = -0.34 (negative EBITDA) (Net Debt 11.5m / EBITDA -34.0m)
Debt / FCF = -0.22 (negative FCF - burning cash) (Net Debt 11.5m / FCF TTM -52.1m)
Total Stockholder Equity = 53.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -29.61% (Net Income -61.3m / Total Assets 234.7m)
RoE = -113.9% (Net Income TTM -61.3m / Total Stockholder Equity 53.8m)
RoCE = -53.94% (EBIT -55.0m / Capital Employed (Equity 53.8m + L.T.Debt 48.1m))
RoIC = -49.86% (negative operating profit) (NOPAT -43.4m / Invested Capital 87.1m)
WACC = 9.80% (E(1.88b)/V(1.93b) * Re(9.99%) + D(50.6m)/V(1.93b) * Rd(3.38%) * (1-Tc(0.21)))
Discount Rate = 9.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 73.48%
Fair Price DCF = unknown (Cash Flow -52.1m)
EPS Correlation: 38.29 | EPS CAGR: 142.4% | SUE: -2.83 | # QB: 0
Revenue Correlation: 61.17 | Revenue CAGR: 22.60% | SUE: -1.29 | # QB: 0
EPS next Year (2026-12-31): EPS=0.23 | Chg30d=-0.047 | Revisions Net=+2 | Growth EPS=+300.0% | Growth Revenue=+120.6%

Additional Sources for USAS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle