Quarterly ResultMay 14, 2026, 05:27 PM
Americas Gold & Silver Reports Record Q1 Production & Sales; Revenue $67.8M
AI Summary
Americas Gold & Silver reported record Q1 2026 consolidated silver production of 787,000 ounces, a 76% increase year-over-year, and record sales of 830,000 ounces. Consolidated revenue surged 187% to $67.8 million, leading to a net income of $10.0 million ($0.03 per share) compared to a loss in the prior year. The company achieved significant operational improvements at the Galena Complex, declared commercial production at the high-grade EC120 at Cosalá, and formed a joint venture for an antimony processing facility. Americas also reaffirmed its 2026 production guidance of 3.2 to 3.6 million ounces of silver.
Key Highlights
- Record consolidated silver production: 787,000 ounces (+76% vs Q1-2025).
- Record consolidated sales: 830,000 ounces.
- Consolidated revenue: $67.8 million (+187% vs Q1-2025).
- Net income: $10.0 million ($0.03 per share) vs. $19.7M loss in Q1-2025.
- Adjusted EBITDA: $33.6 million ($0.10 per share) vs. $5.5M loss in Q1-2025.
- Declared commercial production at EC120 at Cosalá Operations.
- Signed joint venture with United States Antimony for processing facility.
- 2026 silver production guidance: 3.2 to 3.6 million ounces.