-- Americas Gold and Silver (USA.TO) was at last look up 2.2% in US premarket after saying Thursday that it achieved record silver production and sales for the first quarter.
The company in a statement said its consolidated silver production jumped 76% year over year to a record 787,000 ounces in the quarter. Silver sales reached a record 830,000 ounces due to a positive adjustment for timing of concentrate sales.
Among other highlights, consolidated lead production for the quarter was 2.0 million pounds, consolidated copper production was 967,000 pounds, and consolidated antimony production was 137,000 pounds. Americas reported that it has achieved one year with no Lost Time Accidents (LTAs) at its Cosala mine in Mexico
"With numerous projects designed and approved in 2025 now well underway, our strong operational start to the year puts us in a favorable position with respect to achieving our goals for 2026 as we continue our growth momentum," Chairman and Chief Executive Officer Paul Andre Huet said.
The company said it is on track to complete phase-two upgrades to the No. 3 shaft at the Galena complex in Idaho during the second quarter.