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Americas Gold and Silver Corporation (T:USA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 145 King St W Suite 2870
TORONTO ON M5H 1J8
Tel: 1-416-8489503
Website: https://www.americas-gold.com
IR: See website
Key People
Darren Blasutti
President, Chief Executive Officer, Director
Warren Varga
Chief Financial Officer
Daren Dell
Chief Operating Officer
Peter J. Mcrae
Senior Vice President - Corporate Affairs, Chief Legal Officer
Stefan Axell
Vice President, Corporate Development & Communications
 
Business Overview
Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States of America, and is re-evaluating the Relief Canyon mine in Nevada, United States of America. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala operations are located in the state of Sinaloa, Mexico and consist of 67 mining concessions that cover approximately 19,385 hectares. The Cosala operations are located in the east-central portion of the state of Sinaloa, Mexico, near the town of Cosala. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility.
Financial Overview
For the fiscal year ended 31 December 2023, Americas Gold and Silver Corporation revenues increased 5% to $89.6M. Net loss decreased 19% to $35M. Revenues reflect Galena complex segment increase of 38% to $43.3M. Lower net loss reflects Impairment to property, plant and equipm decrease of 55% to $6M (expense), Foreign exchange gain (loss) increase from $3.6M (expense) to $404K (income).
Employees: 605 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $117.44M as of Dec 31, 2023
Annual revenue (TTM): $123.39M as of Dec 31, 2023
EBITDA (TTM): -$2.71M as of Dec 31, 2023
Net annual income (TTM): -$48.16M as of Dec 31, 2023
Free cash flow (TTM): -$28.87M as of Dec 31, 2023
Net Debt Last Fiscal Year: $29.92M as of Dec 31, 2023
Shares outstanding: 247,897,280 as of Mar 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization