Americas Gold and Silver (USAS) Q2 Earnings Beat, Improve Y/Y

Americas Gold and Silver (USAS) posted second-quarter 2024 loss per share of 2 cents, which was narrower than the Zacks Consensus Estimate of a loss of 4 cents. The bottom line marked an improvement from a loss of 3 cents per share in the second quarter of 2023. The uptick was aided by higher revenues and lower income tax expense, partially offset by higher depletion and amortization, increase in interest and financing expense and higher loss on fair value of metals contract liability. Americas Gold and Sil ...