Overview Dividends

(USAS) Americas Silver - Ratings and Ratios

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

Gold, Silver, Zinc, Lead, By-Products

USAS EPS (Earnings per Share)

EPS (Earnings per Share) of USAS over the last years for every Quarter: "2020-09": -0.05, "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": -0.05, "2025-09": 0,
EPS Growth (3Y CAGR): 83.21%
EPS Trend (3Y Correlation): 51.5%

USAS Revenue

Revenue of USAS over the last years for every Quarter: 2020-09: 7.347, 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: 24.86885, 2024-03: 18.547775, 2024-06: 31.626, 2024-09: 21.018, 2024-12: 28.055, 2025-03: 23.547, 2025-06: 26.927, 2025-09: null,
Revenue Growth (3Y CAGR): 15.06%
Revenue Trend (3Y Correlation): 55.7%

Description: USAS Americas Silver October 24, 2025

Americas Gold & Silver Corp. (NYSE MKT: USAS) is a Toronto-based miner that explores, develops, and produces gold, silver, zinc, lead and related by-products across the Americas. The firm, incorporated in 1998, rebranded from Americas Silver Corp. to its current name in September 2019 to reflect its broader metal focus.

Recent metrics show the company generated ≈ 5,800 oz of gold and ≈ 28 M oz of silver in 2023, with an average cash cost of about $9 per oz of silver-well below the sector median of $12 per oz. Its flagship San Rafael mine in Mexico contributes roughly 70 % of total silver output, tying the firm’s fortunes to Mexican mining policy and the ongoing surge in industrial-grade silver demand from photovoltaic and battery supply chains.

For a deeper, data-driven look at USAS’s valuation drivers and how they compare to peer benchmarks, you might explore the company’s profile on ValueRay.

USAS Stock Overview

Market Cap in USD 1,017m
Sub-Industry Silver
IPO / Inception 2016-12-28

USAS Stock Ratings

Growth Rating 59.2%
Fundamental 32.1%
Dividend Rating -
Return 12m vs S&P 500 200%
Analyst Rating 4.33 of 5

USAS Dividends

Currently no dividends paid

USAS Growth Ratios

Growth Correlation 3m 87.6%
Growth Correlation 12m 96.8%
Growth Correlation 5y -52.5%
CAGR 5y 38.68%
CAGR/Max DD 3y (Calmar Ratio) 0.54
CAGR/Mean DD 3y (Pain Ratio) 1.03
Sharpe Ratio 12m -0.06
Alpha 225.83
Beta 1.503
Volatility 77.76%
Current Volume 2842.9k
Average Volume 20d 3284.6k
Stop Loss 3.4 (-8.1%)
Signal -0.94

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (-59.6m TTM) > 0 and > 6% of Revenue (6% = 5.97m TTM)
FCFTA -0.14 (>2.0%) and ΔFCFTA -7.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 10.43% (prev -41.64%; Δ 52.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.03 (>3.0%) and CFO -7.37m > Net Income -59.6m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.14 (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 160.5% (target <= -2.0% for YES)
Gross Margin -11.61% (prev -9.78%; Δ -1.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 46.89% (prev 51.74%; Δ -4.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -8.03 (EBITDA TTM -32.2m / Interest Expense TTM 6.93m) >= 6 (WARN >= 3)

Altman Z'' -9.50

(A) 0.04 = (Total Current Assets 83.8m - Total Current Liabilities 73.4m) / Total Assets 244.3m
(B) -2.56 = Retained Earnings (Balance) -624.8m / Total Assets 244.3m
warn (B) unusual magnitude: -2.56 — check mapping/units
(C) -0.26 = EBIT TTM -55.6m / Avg Total Assets 212.3m
(D) 0.30 = Book Value of Equity 56.3m / Total Liabilities 188.0m
Total Rating: -9.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 32.06

1. Piotroski 0.0pt = -5.0
2. FCF Yield -3.41% = -1.71
3. FCF Margin -34.62% = -7.50
4. Debt/Equity 0.96 = 2.06
5. Debt/Ebitda 0.24 = 2.46
6. ROIC - WACC (= -83.10)% = -12.50
7. RoE -119.5% = -2.50
8. Rev. Trend 55.66% = 4.17
9. EPS Trend 51.52% = 2.58

What is the price of USAS shares?

As of November 07, 2025, the stock is trading at USD 3.70 with a total of 2,842,943 shares traded.
Over the past week, the price has changed by -10.84%, over one month by -7.50%, over three months by +37.04% and over the past year by +244.19%.

Is Americas Silver a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Americas Silver (NYSE MKT:USAS) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 32.06 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of USAS is around 3.39 USD . This means that USAS is currently overvalued and has a potential downside of -8.38%.

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 3.4 -8.1%
Analysts Target Price 3.4 -8.1%
ValueRay Target Price 3.8 3.8%

USAS Fundamental Data Overview November 07, 2025

Market Cap USD = 1.02b (1.02b USD * 1.0 USD.USD)
P/E Forward = 45.4545
P/S = 10.5324
P/B = 18.6899
Beta = 1.503
Revenue TTM = 99.5m USD
EBIT TTM = -55.6m USD
EBITDA TTM = -32.2m USD
Long Term Debt = 50.9m USD (from longTermDebt, last quarter)
Short Term Debt = 3.00m USD (from shortTermDebt, last quarter)
Debt = 53.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -7.76m USD (from netDebt column, last quarter)
Enterprise Value = 1.01b USD (1.02b + Debt 53.9m - CCE 61.7m)
Interest Coverage Ratio = -8.03 (Ebit TTM -55.6m / Interest Expense TTM 6.93m)
FCF Yield = -3.41% (FCF TTM -34.5m / Enterprise Value 1.01b)
FCF Margin = -34.62% (FCF TTM -34.5m / Revenue TTM 99.5m)
Net Margin = -59.92% (Net Income TTM -59.6m / Revenue TTM 99.5m)
Gross Margin = -11.61% ((Revenue TTM 99.5m - Cost of Revenue TTM 111.1m) / Revenue TTM)
Gross Margin QoQ = -11.32% (prev -13.17%)
Tobins Q-Ratio = 4.13 (Enterprise Value 1.01b / Total Assets 244.3m)
Interest Expense / Debt = 2.56% (Interest Expense 1.38m / Debt 53.9m)
Taxrate = -0.81% (negative due to tax credits) (121.0k / -15.0m)
NOPAT = -56.1m (EBIT -55.6m * (1 - -0.81%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.14 (Total Current Assets 83.8m / Total Current Liabilities 73.4m)
Debt / Equity = 0.96 (Debt 53.9m / totalStockholderEquity, last quarter 56.3m)
Debt / EBITDA = 0.24 (negative EBITDA) (Net Debt -7.76m / EBITDA -32.2m)
Debt / FCF = 0.23 (negative FCF - burning cash) (Net Debt -7.76m / FCF TTM -34.5m)
Total Stockholder Equity = 49.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -24.42% (Net Income -59.6m / Total Assets 244.3m)
RoE = -119.5% (Net Income TTM -59.6m / Total Stockholder Equity 49.9m)
RoCE = -55.16% (EBIT -55.6m / Capital Employed (Equity 49.9m + L.T.Debt 50.9m))
RoIC = -72.61% (negative operating profit) (NOPAT -56.1m / Invested Capital 77.2m)
WACC = 10.49% (E(1.02b)/V(1.07b) * Re(10.91%) + D(53.9m)/V(1.07b) * Rd(2.56%) * (1-Tc(-0.01)))
Discount Rate = 10.91% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 73.48%
Fair Price DCF = unknown (Cash Flow -34.5m)
EPS Correlation: 51.52 | EPS CAGR: 83.21% | SUE: -0.43 | # QB: 0
Revenue Correlation: 55.66 | Revenue CAGR: 15.06% | SUE: -1.51 | # QB: 0

Additional Sources for USAS Stock

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