Overview

* Americas Gold and Silver ( USAS ) Q2 silver production up 36% yr/yr

* Revenue for Q2 falls 19%, missing analyst expectations

* Co announces share consolidation and secures $100 mln loan facility

Outlook

* Company expects commercial production at EC120 by end of 2025

* Company aims to leverage antimony as new revenue stream

Result Drivers

* SILVER PRODUCTION - Increased 36% yr/yr due to operational improvements and higher grades at Galena Complex and EC120 Project

* REVENUE DECLINE - Despite higher silver prices, revenue fell 19% due to lower zinc and lead production and prices

* TRANSITION TO SILVER-COPPER - Shift from zinc and lead to silver-copper production impacted base metal revenues

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $27 mln $34.30

Revenue mln (1

Analyst)

Q2 Net -$15.10

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the diversified mining peer group is "buy"

* Wall Street's median 12-month price target for Americas Gold and Silver Corporation ( USAS ) is C$2.00, about 25% above its August 8 closing price of C$1.50

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)