Americas Gold & Silver Corp. Reports FY 2023 Financials
Ticker: USAS · Form: 6-K · Filed: Mar 29, 2024 · CIK: 1286973
Sentiment: neutral
Topics: financials, annual-report, mining
TL;DR
AG&S 2023: $215M Revenue, $12M Net Income. Assets $360M, Liabilities $114M.
AI Summary
Americas Gold & Silver Corp. filed a 6-K report for the period ending December 31, 2023. The company reported total assets of $360.787 million and total liabilities of $114.548 million. Key financial figures include revenue of $215.412 million and net income of $12.0577 million for the fiscal year 2023.
Why It Matters
This filing provides investors with a year-end financial snapshot of Americas Gold & Silver Corp., detailing their assets, liabilities, revenue, and net income for 2023.
Risk Assessment
Risk Level: medium — The company operates in the volatile mining sector, and the filing contains details about contingent liabilities and past operational periods which could indicate potential risks.
Key Numbers
- $215.41M — Revenue (FY 2023 Revenue)
- $12.06M — Net Income (FY 2023 Net Income)
- $360.79M — Total Assets (As of December 31, 2023)
- $114.55M — Total Liabilities (As of December 31, 2023)
Key Players & Entities
- Americas Gold & Silver Corp. (company) — Filer
- 2023-12-31 (date) — Reporting period end date
- $360,787,000 (dollar_amount) — Total Assets
- $114,548,000 (dollar_amount) — Total Liabilities
- $215,412,000 (dollar_amount) — Revenue for FY 2023
- $12,057,700 (dollar_amount) — Net Income for FY 2023
FAQ
What were the company's total revenues for the fiscal year 2023?
The company reported total revenues of $215,412,000 for the fiscal year 2023.
What was the net income for Americas Gold & Silver Corp. in 2023?
Americas Gold & Silver Corp. reported a net income of $12,057,700 for the fiscal year 2023.
What were the total assets of the company as of December 31, 2023?
As of December 31, 2023, the company's total assets were $360,787,000.
What were the total liabilities as of the end of the reporting period?
The total liabilities as of December 31, 2023, were $114,548,000.
Does the filing mention any specific operational periods or complexes?
Yes, the filing references operational periods for 'Galena Complex' and 'Cosal Operations'/'Cosala Operations' for various years including 2021, 2022, and 2023.
Filing Stats: 365 words · 1 min read · ~1 pages · Grade level 20 · Accepted 2024-03-29 12:46:36
Filing Documents
- usas_6k.htm (6-K) — 152KB
- usas_ex991.htm (EX-99.1) — 1417KB
- usas_ex992.htm (EX-99.2) — 737KB
- usas_ex991img1.jpg (GRAPHIC) — 2KB
- usas_ex991img2.jpg (GRAPHIC) — 2KB
- 0001477932-24-001599.txt ( ) — 10216KB
- usas-20231231.xsd (EX-101.SCH) — 128KB
- usas-20231231_lab.xml (EX-101.LAB) — 540KB
- usas-20231231_cal.xml (EX-101.CAL) — 89KB
- usas-20231231_pre.xml (EX-101.PRE) — 437KB
- usas-20231231_def.xml (EX-101.DEF) — 241KB
- usas_6k_htm.xml (XML) — 2142KB
Management's Discussion and Analysis for year ending December 31, 2023
Management's Discussion and Analysis for year ending December 31, 2023 3