(USAS) Americas Silver - Overview
Sector: Basic Materials | Industry: Other Industrial Metals & Mining | Exchange: NYSE MKT (USA) | Market Cap: 1.839m USD | Total Return: 274.2% in 12m
Avg Turnover: 26.8M
Qual. Beats: -4
Rev. Trend: 84.5%
Qual. Beats: -4
Warnings
High Debt/EBITDA (7.1) with thin interest coverage (-5.8)
High Debt while negative Cash Flow
Interest Coverage Ratio -5.8 is critical
Altman Z'' -3.32 < 1.0 - financial distress zone
Choppy Below Avwap Earnings
Tailwinds
Rs(ibd) Leader
Americas Gold and Silver Corporation is a Toronto-based mining company focused on the exploration, development, and production of precious and base metals across North America. Its portfolio primarily targets gold and silver, supplemented by lead and zinc by-products. The company transitioned to its current name in 2019 to reflect a strategic shift toward increased gold exposure alongside its traditional silver assets.
The silver mining sector often relies on base metal by-products to lower the all-in sustaining cost per ounce of silver produced. Operating in the Americas allows the company to function within established mining jurisdictions, which can mitigate certain geopolitical risks associated with global mineral extraction. Investors can evaluate the companys asset quality and production trends further on ValueRay.
- Production restart at Cosalá Operations drives silver and lead revenue growth
- Galena Complex recapitalization increases silver-equivalent output and operational efficiency
- Fluctuations in global silver and zinc spot prices impact profit margins
- Capital expenditure requirements for Relief Canyon mine development strain balance sheet
- Mining regulations and security concerns in Mexico affect operational stability
| 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 -44.22% < -2% |
| Gross Margin: 30.74% > 18% (prev 0.00%; Δ 3.07k% > 0.5%) |
| Asset Turnover: 51.74% > 50% (prev 57.43%; Δ -5.68% > 0%) |
| Interest Coverage Ratio: -5.76 > 6 (EBITDA TTM -9.00m / Interest Expense TTM 5.41m) |
| 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: -0.10 (EBIT TTM -31.2m / Avg Total Assets 312.1m) |
| D: 1.19 (Book Value of Equity 239.4m / Total Liabilities 200.6m) |
| Altman-Z'' = -3.32 = D |
| DSRI: 2.52 (Receivables 22.0m/5.72m, Revenue 161.5m/105.8m) |
| GMI: 0.02 (GM 30.74% / 0.49%) |
| 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 = -2.47 (Cap -4..+1) = BBB |
As of May 26, 2026, the stock is trading at USD 5.80 with a total of 3,586,300 shares traded.
Over the past week, the price has changed by -7.20%,
over one month by -1.86%,
over three months by -34.98% and
over the past year by +274.19%.
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
| Analysts Target Price | 9.8 | 68.1% |
P/E Forward = 20.1207
P/S = 11.3388
P/B = 7.823
Revenue TTM = 161.5m USD
EBIT TTM = -31.2m USD
EBITDA TTM = -9.00m 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 = 1.78b USD (1.84b + Debt 59.0m - CCE 122.8m)
Interest Coverage Ratio = -5.76 (Ebit TTM -31.2m / Interest Expense TTM 5.41m)
EV/FCF = -29.85x (Enterprise Value 1.78b / FCF TTM -59.5m)
FCF Yield = -3.35% (FCF TTM -59.5m / Enterprise Value 1.78b)
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 = 4.03 (Enterprise Value 1.78b / Total Assets 440.0m)
Interest Expense / Debt = 9.17% (Interest Expense 5.41m / Debt 59.0m)
Taxrate = 40.32% (6.65m / 16.5m)
NOPAT = -18.6m (EBIT -31.2m * (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 = 7.08 (negative EBITDA) (Net Debt -63.8m / EBITDA -9.00m)
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 = -7.31% (Net Income TTM -58.7m / Total Stockholder Equity 803.1m)
RoCE = -3.68% (EBIT -31.2m / Capital Employed (Equity 803.1m + L.T.Debt 45.0m))
RoIC = -5.50% (negative operating profit) (NOPAT -18.6m / Invested Capital 338.4m)
WACC = 11.54% (E(1.84b)/V(1.90b) * Re(11.73%) + D(59.0m)/V(1.90b) * Rd(9.17%) * (1-Tc(0.40)))
Discount Rate = 11.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.42 | Cagr: 22.59%
[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=0.05 | Chg30d=-28.57% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.07 | Chg30d=-22.22% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=0.25 | Chg30d=-26.73% | Revisions=+14% | GrowthEPS=+287.2% | GrowthRev=+129.9%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=+2.97% | Revisions=+0% | GrowthEPS=+99.3% | GrowthRev=+68.7%
[Analyst] Revisions Ratio: +14%