Business
Americas Gold and Silver Reports Record Production and Sales in Q1 2026 as Execution on the Growth Plan Continues at Galena
Toronto, Ontario--(Newsfile Corp. - May 14, 2026) - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a
About this update from Americas Gold And Silver Corporation
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 14, 2026) - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (\"Americas\" or the \"Company\"), a growing North American precious metals producer, reports consolidated financial and operational results for the quarter ended March 31, 2026.This earnings release should be read in conjunction with the Company's Management's Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR+ profile at www.sedarplus.ca, and on its EDGAR profile at www.sec.gov, and which are also available on the Company's website at www.americas-gold.com. All figures are in U.S. dollars unless otherwise noted. HighlightsRecord quarterly silver production and sales as the impact of operational improvements and efficiencies continued at the Galena Complex in Idaho while the Cosalá Operations declared commercial production of the high-grade EC120. Record consolidated silver production of approximately 787,000 ounces was realized during the quarter (a 76% increase compared to Q1-2025), or approximately 909,000 silver equivalent1 ounces, including 1.9 million pounds of lead, 1.0 million pounds of copper, and 137,000 pounds of antimony. Consolidated sales were a record 830,000 ounces.The Galena Complex produced approximately 425,000 ounces of silver (a 35% increase compared to Q1-2025) due to increased tonnage during the period.Silver production at the Cosalá Operations increased by 174% to approximately 362,000 ounces of silver in Q1-2026.Significant safety milestones achieved by both the Galena Complex and Cosalá operating teams reaching one full year without a single lost time accident on March 11, 2026, and April 14, 2026, respectively.Increase in consolidated revenue due to higher silver production and higher realized prices. Consolidated revenue, including by-product revenue, increased to $67.8 million for Q1-2026 or 187% compared to $23.5 million for Q1-2025, despite lower zinc and lead production. During the quarter, the Company declared commercial production at EC120 at the Cosalá Operations which has predominantly higher-grade silver and copper compared to the silver-zinc-lead San Rafael mine.Signed joint venture agreement in February 2026 with United States Antimony to c...