Americas Gold and Silver Reports Financial Results for Q2 2026 Highlighted by Strong Operational Performance at Cosalá and Upgrade Project Progress at the Galena Complex

Americas Gold and Silver reported strong Q2 2026 results, with consolidated net revenue rising 71% year over year to $46 million and first-half revenue jumping 126% to $114 million. Silver production reached 665,000 ounces in the quarter, while the company said it remains on track to meet full-year guidance of 3.2 to 3.6 million ounces. The standout operational strength came from Cosalá, where silver output rose 26% to 337,000 ounces. Galena benefited from completion of Phase 2 of the No. 3 Shaft modernization, which lifted hoisting capacity by about 150%, though production was temporarily affected by a planned shutdown and a minor electrical fire. The company also settled about $76 million of variable silver and gold debt obligations, improving the balance sheet and increasing exposure to silver prices. Despite higher AISC and a quarterly net loss, adjusted EBITDA turned positive at $12.0 million, supporting a constructive outlook for production growth and margin improvement.