08:40 AM EDT, 08/11/2025 (MT Newswires) -- Americas Gold and Silver ( USAS ) was last seen down 6.4% in premarket New York trading, from near 52 week highs, after the company said its adjusted loss widened in the second quarter.
The company said its adjusted loss, excluding most one-time items, widened to US$12.05 million, compared with a loss of US$2.37 million in the year prior quarter. Per-share results were not disclosed.
Its revenue fell 19% to US$27,0 million from US$33.2 million. The company said the drop came as higher silver production and prices was offset by lower production and realized prices of zinc and & lead.
"During the first half of 2025, we've made significant progress and investments into our strategy to deliver materially increased silver production and lower costs over the coming years," chief executive Paul Andre Huet said in a release.
Americas Gold and Silver ( USAS ) said it plans to consolidate its shares on a one for 2.5 shares basis. It said it expects the consolidation to take effect within the next 10 days.
The company's shares were last seen down US$0.07 to US$1.02 premarket. They closed up $0.01 to $1.50 Friday on the Toronto Stock Exchange.