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Americas Gold and Silver Faces Financial Uncertainty Amid Losses

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Americas Gold and Silver Faces Financial Uncertainty Amid Losses

Americas Gold and Silver ( (TSE:USA) ) just unveiled an update.

On March 27, 2025, Americas Gold and Silver Corporation released its audited financial statements for the years ending December 31, 2024, and 2023. The report, audited by PricewaterhouseCoopers LLP, highlights a working capital deficit and net losses, raising substantial doubt about the company’s ability to continue as a going concern. Despite these challenges, the company reported an increase in cash and cash equivalents from the previous year. The financial statements were prepared in accordance with IFRS Accounting Standards, and the audit committee, composed of non-executive directors, reviewed the financial reporting and control matters.

More about Americas Gold and Silver

Americas Gold and Silver Corporation operates in the mining industry, focusing on the production of precious metals such as gold and silver. The company is headquartered in Toronto, Canada, and is involved in the exploration, development, and operation of mining properties primarily in the Americas.

YTD Price Performance: 37.44%

Average Trading Volume: 952,610

Technical Sentiment Signal: Hold

Current Market Cap: $361.7M

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

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