Americas Gold and Silver (TSE:USA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Americas Gold and Silver Corporation reports a record-breaking quarter for silver production at the Galena Complex, marking the highest output in over a decade. The second quarter of 2024 also saw a significant reduction in production costs, with preliminary estimates showing a 40% decrease in cash costs and a 35% decrease in all-in sustaining costs compared to the previous quarter. Additionally, the company is finalizing a non-dilutive financing agreement aimed at funding its EC120 Project, anticipated to commence high-grade silver-copper production in early 2025.
For further insights into TSE:USA stock, check out TipRanks’ Stock Analysis page.
