Americas Gold and Silver (USAS)
:USAS
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.03Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a clear, tangible operational transformation: strong production growth (52% silver increase), record performance at Cosala, substantial resource expansion, mechanization and infrastructure upgrades at Galena, a large exploration program with high-grade discoveries, a strategic antimony JV and a completed $133M financing. These positives are balanced against meaningful near-term costs and investments (guidance of $90–$120M capex), planned outages that could affect cadence, limited immediate contribution from Crescent, and continued GAAP losses and negative adjusted EBITDA. Overall the tone is confident and growth-focused with manageable near-term execution risks.Company Guidance
Major Silver Production Increase
Attributable silver production rose 52% in 2025 to 2.65 million ounces, with consolidated silver equivalent production of ~3.4 million ounces. Management expects 2026 consolidated silver production of 3.2–3.6 million ounces (another ~30% increase over 2025 guidance midpoint).
Record Performance at Cosala
Cosala set a production record of 1.2 million ounces in 2025, delivering the highest annual and quarterly silver output in the operation's history and successfully ramping the EC120 to commercial production.
Galena Operational Transformation and Mechanization
Galena transitioned to long-hole stoping (7–9 long-hole stope panels in 2025 versus 0 in 2024), introduced remote-control mucking and modernized fleet and communications. Reported ~200% improvement in mucking throughput (from ~50 tonnes to ~200 tonnes per shift).
Infrastructure Upgrades — Shaft and Hoisting Capacity
Installed a new 2,250 hp motor and redundant motor at the core shaft; Phase 2 of #3 shaft upgrades on track for Q2 2026. Planned hoisting capacity to exceed 100 tonnes/hour — a ~160% increase vs ~40 tonnes/hour in 2024.
Significant Resource Growth at Galena
Updated mineral resource estimate shows 2P (probable) >25 million ounces; Measured & Indicated >115 million ounces; Inferred >133 million ounces of silver (stated as silver, not Ag-equivalent), supporting longer-term asset value and mine life upside.
Large Exploration Program and High-Grade Discoveries
Launched the company’s largest-ever exploration program (~64,000 meters). Announced discovery of 10 new high-grade veins including notable intercepts (~4,900 g/t Ag + 4% Cu over 1.3m; ~2,600 g/t Ag + 1.4% Sb over 0.7m) and new veins (34, 149, 520) that materially contributed to resource growth.
Antimony Downstream JV and Byproduct Production
Entered a landmark JV to build/operate a U.S. antimony processing facility. Full-year byproduct output from Galena included ~561,000 lbs antimony, 9.3 million lbs lead and 2 million lbs copper; new offtake revenue from byproducts began January 1, 2026.
Strengthened Balance Sheet and Financing
Closed a $133 million bought-deal financing in December 2025 which funded the cash portion of the Crescent acquisition and supported ongoing growth initiatives.
Market and Institutional Support
Tightly held ownership increased from ~7% in late 2024 to >65% presently, with inclusion in ETFs (VanEck GDXJ, SIL) and expanded analyst coverage (five added; total seven), indicating strong institutional interest.
USAS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
USAS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | $5.50 | $4.67 | -15.09% |
Nov 10, 2025 | $3.89 | $4.27 | +9.77% |
Aug 11, 2025 | $2.72 | $2.68 | -1.47% |
May 09, 2025 | $1.50 | $1.51 | +0.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Americas Gold and Silver (USAS) report earnings?
Americas Gold and Silver (USAS) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Americas Gold and Silver (USAS) earnings time?
Americas Gold and Silver (USAS) earnings time is at May 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is USAS EPS forecast?
Currently, no data Available