# Americas Gold and Silver Corporation (USA.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$7.43, market value C$2.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Americas Gold and Silver Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 10.1×**. Each dollar of revenue is priced at 10.1×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 6.1×**. The shares trade at 6.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -3.9%** (5-yr avg -8.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 37.6%**. Americas Gold and Silver Corporation keeps 37.6% of revenue after the direct cost of what it sells.
- **Operating margin: 15.9%**. 15.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: -74.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -39.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 20.9%**. Return on all capital, debt included, is 20.9%: comfortably above what that capital costs.
- **Return on assets: -11.8%**. Each dollar of assets produces -11.8% of profit.

## Growth
- **Revenue growth (1 yr): 17.7%** (3-yr 11.5%/yr, 5-yr 33.4%/yr). Revenue grew 17.7% over the last year, against 33.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -64.7%**. Earnings per share fell 64.7%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.21**. Debt is 0.21 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Americas Gold and Silver Corporation holds more cash than debt.
- **Interest coverage: 5.4×**. Operating profit covers interest 5.4× over, a safe margin.
- **Current ratio: 1.78** (quick 1.66). Current assets cover the next year's liabilities 1.78 times.
- **Altman Z-score: 8.90**. A Z-score of 8.90 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Americas Gold and Silver Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 98.7%** (YTD 5.5%, 3-mo 8.6%). The shares are up 98.7% over twelve months including dividends.
- **From 52-week high: -47.5%** (107.5% above the low). Trading 47% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 4.53** (volatility 87%). Beta of 4.53 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=USA.TO · Page: https://foliofundamentals.com/stocks/usa.to

Not investment advice.