Americas Gold and Silver Eyes Antimony Production Breakthrough

Americas Gold and Silver ( (TSE:USA) ) has issued an update.

Americas Gold and Silver Corporation has announced successful metallurgical test results at its Galena Complex, demonstrating over 90% recovery of antimony, a critical mineral in the U.S. This breakthrough positions the company to potentially become the only antimony producer in the U.S., creating a new revenue stream from a by-product previously considered a penalty element. The results could enhance the company’s value and market position, as it seeks to capitalize on the strategic importance of antimony, which is largely imported into the U.S. from countries like China and Russia.

The most recent analyst rating on (TSE:USA) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Americas Gold and Silver stock, see the TSE:USA Stock Forecast page.

Spark’s Take on TSE:USA Stock

According to Spark, TipRanks’ AI Analyst, TSE:USA is a Neutral.

Americas Gold and Silver’s stock score is primarily impacted by its financial instability, marked by consistent losses and negative cash flow. While technical analysis shows some positive momentum, and strategic initiatives offer potential for improvement, the negative P/E ratio and absence of a dividend yield present valuation challenges. The earnings call indicates potential growth opportunities, but financial stability remains a critical concern.

To see Spark’s full report on TSE:USA stock, click here.

More about Americas Gold and Silver

Americas Gold and Silver Corporation is a North American precious metals producer, primarily focused on silver, copper, and now antimony production. The company operates the Galena Complex in Idaho, positioning itself in the market as a potential primary antimony producer in the United States.

Average Trading Volume: 1,183,654

Technical Sentiment Signal: Hold

Current Market Cap: C$508.8M

For an in-depth examination of USA stock, go to TipRanks’ Stock Analysis page.