Americas Gold And Silver Corporation (TSE:USA) has released an update.
Americas Gold and Silver Corporation saw a moderate revenue increase to $89.6 million in 2023 from $85.0 million in 2022, despite a net loss of $38.2 million for the year, which included significant charges from its Relief Canyon property. Silver production surged by 56%, reaching roughly 2.04 million ounces, and the company anticipates further growth with its upcoming silver-copper EC120 Project. In addition, the company finalized an equity offering, raising C$7.8 million to support its operations and administrative needs.
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