Americas Gold and Silver (TSE:USA) has released an update.
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Americas Gold and Silver Corporation reported a 31% increase in revenue for Q3-2024 due to higher silver and zinc prices, despite facing challenges from severe weather impacting operations. The company plans to acquire the remaining interest in its Galena Complex and has appointed Paul Huet as CEO to drive shareholder returns. However, the net loss increased to $16.1 million, mainly due to higher gold prices affecting contract liabilities.
For further insights into TSE:USA stock, check out TipRanks’ Stock Analysis page.
