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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala Operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Comment by oljenkson Dec 28, 2016 11:30pm
146 Views
Post# 25648917

RE:RE:RE:RE:What happened here?

RE:RE:RE:RE:What happened here?Sorry if this is a dumb question, I am new and learning. 

But.. I held approx. 2,200 shares at an average cost of 0.3087 (book value around $680)

Now online it states I still hold the same amount of shares, my book value and average cost have stayed the same but with the mart price of $3.20 and now market value of $7,040.

Is this correct? Or does there need to be some sort of adjustments to my online brokerage because I have an increase of around 937%, although as you said, the stock only increased $0.02 today. 

Am I missing something? Should my shares have been lessened and I actually hold a 12th or them so around 183? 

Thanks in advance
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