Americas Gold and Silver Reports Loss in 2025, Revenues Up Y/Y

Key Takeaways USAS beat loss estimates despite wider FY25 net loss, with revenues rising 18% year over year.Growth driven by higher realized silver prices and output, including EC120 pre-production revenues.Higher costs and strategic Galena investments led to negative EBITDA and increased cash costs.Americas Gold and Silver (USAS) reported an adjusted net loss of $35.2 million in 2025, wider than the year-ago adjusted loss of $33.7 million. Gains from higher net revenues were offset by planned major operati ...