Americas Gold & Silver Corp. Reports FY 2024 Financials
Ticker: USAS · Form: 6-K · Filed: Mar 27, 2025 · CIK: 1286973
Sentiment: neutral
Topics: financials, mining, annual-report
TL;DR
AGS filed its 2024 6-K: $226.8M assets, $132.5M liabilities, $226.3M revenue. Check it out.
AI Summary
Americas Gold & Silver Corp. filed a 6-K report on March 27, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company reported total assets of $226.82 million and total liabilities of $132.47 million, resulting in total equity of $94.35 million. Revenue for the period was $226.34 million.
Why It Matters
This filing provides investors with a year-end overview of Americas Gold & Silver Corp.'s financial health, including its asset base, debt levels, and revenue generation, crucial for assessing its investment potential.
Risk Assessment
Risk Level: medium — The company's financial figures, including significant liabilities and revenue, warrant a medium risk assessment due to the inherent volatility in the precious metals market.
Key Numbers
- $226.82M — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $132.47M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $226.34M — Revenue (The total income generated by the company for the fiscal year 2024.)
Key Players & Entities
- Americas Gold & Silver Corp. (company) — Filer of the 6-K report
- 2024-12-31 (date) — End of the reporting period
- $226.82 million (dollar_amount) — Total assets reported
- $132.47 million (dollar_amount) — Total liabilities reported
- $94.35 million (dollar_amount) — Total equity reported
- $226.34 million (dollar_amount) — Revenue reported for FY 2024
FAQ
What was Americas Gold & Silver Corp.'s net income for the fiscal year 2024?
The provided excerpt does not explicitly state the net income for the fiscal year 2024. It lists revenue, assets, and liabilities but not profit or loss.
What is the company's primary business activity?
Americas Gold & Silver Corp. is in the METAL MINING industry, as indicated by its SIC code [1000].
When was the company incorporated or last significantly restructured?
The filing indicates former company names and name change dates, with 'SCORPIO MINING CORP' changing its name to Americas Silver Corp on 20040414, and Americas Silver Corp changing to Americas Gold & Silver Corp on 20150910.
What are the company's main operational segments mentioned in the filing?
The filing mentions 'CosalOperations', 'CosalaOperations', and 'CorporateAndOthers' as operational segments for the years 2023 and 2024.
What is the filing date and the period it covers?
The filing date is March 27, 2025, and it covers the period ending December 31, 2024.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 27, 2025 regarding Americas Gold & Silver Corp (USAS).