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Americas Gold and Silver Achieves Breakthrough in Antimony Extraction

Story Highlights
  • Americas Gold and Silver achieved over 99% antimony extraction at Galena Complex.
  • This breakthrough could boost revenue and position the company as a leader in U.S. antimony production.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Americas Gold and Silver Achieves Breakthrough in Antimony Extraction

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Americas Gold and Silver ( (TSE:USA) ) has shared an update.

Americas Gold and Silver Corporation announced a significant breakthrough in metallurgical testing at its Galena Complex, achieving over 99% extraction of antimony from copper concentrates. This advancement positions the company as a potential leader in restoring domestic antimony production, enhancing the value of previously unpaid by-products, and supporting U.S. critical mineral supply. The successful extraction could significantly increase the company’s revenue and strengthen its market position, as it moves towards becoming the first U.S. mine-to-market antimony producer in 25 years.

The most recent analyst rating on (TSE:USA) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Americas Gold and Silver stock, see the TSE:USA Stock Forecast page.

Spark’s Take on TSE:USA Stock

According to Spark, TipRanks’ AI Analyst, TSE:USA is a Neutral.

The overall stock score is primarily impacted by the company’s weak financial performance, characterized by persistent losses and negative cash flows. While there are some positive technical indicators and strategic advancements highlighted in the earnings call, these are not sufficient to offset the financial challenges. The valuation remains unattractive due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on TSE:USA stock, click here.

More about Americas Gold and Silver

Americas Gold and Silver Corporation is a North American producer of precious and critical metals, focusing on silver, copper, and antimony, which are essential for U.S. national security and economic resilience.

YTD Price Performance: 172.53%

Average Trading Volume: 491,070

Technical Sentiment Signal: Buy

Current Market Cap: C$1.03B

For an in-depth examination of USA stock, go to TipRanks’ Overview page.

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