Americas Gold and Silver Breaks 28-Year Production Record

Americas Gold and Silver Corp., a precious metals producer, announced record-breaking silver production for its third quarter of 2026. The company's stock price fell following the release of the results, as revenue exceeded expectations but fell short of analysts' estimates.

Growth in silver production, up 5% year-over-year to a record 800,458 ounces, was the primary driver of the company's improved financial performance. Chairman and CEO Paul Andre Huet highlighted exceptional silver discoveries at the Cosalá operations, describing the results as "world-class" and noting that some newly discovered zones contain silver grades four to five times higher than previously projected.

The company's AISC reached $42.94 per ounce, with silver-equivalent production totaling 936,870 ounces. Americas Gold and Silver expects full-year silver production to be near the lower end of its forecast range of 3.2 million to 3.6 million ounces, with AISC expected to be near the upper end of the $30 to $35 per-ounce range. The company is continuing to upgrade its Galena operations to improve efficiency and expand production capacity.