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The latest update is out from Americas Gold and Silver ( (TSE:USA) ).
Americas Gold and Silver Corporation has completed the first phase of upgrades on the No. 3 Shaft at its Galena Complex ahead of schedule, achieving a 100% improvement in productivity. The upgrade, part of a two-phase project, increases hoisting capacity significantly, which is expected to enhance mine productivity and cost efficiency by the end of 2025. The successful completion of these upgrades is a critical step in the company’s strategy to increase production and efficiency at the Galena mine, with further improvements planned for later in the year.
The most recent analyst rating on (TSE:USA) stock is a Hold with a C$4.00 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 technical analysis shows positive momentum, the valuation remains poor due to negative earnings and lack of dividends.
To see Spark’s full report on TSE:USA stock, click here.
More about Americas Gold and Silver
Americas Gold & Silver Corporation is a North American precious metals mining company with multiple assets, including the Galena Complex in Idaho and the Cosalá Operations in Mexico. The company focuses on silver production, aiming for over 80% of its revenue to come from silver by the end of 2025. It is led by an experienced management team and is fully funded to execute its growth plans.
Average Trading Volume: 558,487
Technical Sentiment Signal: Buy
Current Market Cap: C$1.11B
For an in-depth examination of USA stock, go to TipRanks’ Overview page.