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Bullboard - Stock Discussion Forum 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... see more

TSX:USA - Post Discussion

Americas Gold and Silver Corporation > Q1 Financials Latest News
View:
Post by jdbutts on May 12, 2022 1:49pm

Q1 Financials Latest News

Americas Gold and Silver cuts losses on higher production and negative costs in first quarter | Kitco News

"The company also reported revenue of $26.4 million and net loss of $0.3 million or a net loss of ($0.00) per share in Q1 2022, representing an increase of $16.0 million in revenue and a significant decrease of $91.5 million in net loss compared to Q1 2021."

And still no positive movement in share price!
Comment by Tartar3 on May 15, 2022 7:42pm
That's good news, it means I can buy more cheap shares, report didn't seem bad to me, unless it's something I am missing?
Comment by Tartar3 on May 21, 2022 2:53am
To answer my own question, I guess i did miss something, and it was something quite good, read this statement in the latest earnings release; The Company refers to its audited consolidated financial statements for the fiscal year ended December 31, 2021, included in the Company’s Annual Report on Form 40-F, which contained an audit report from its independent registered public accounting firm ...more  
Comment by a2bman on May 26, 2022 11:33am
Going concern is an accounting term for a company that is financially stable enough to meet its obligations and continue its business for the foreseeable future.
Comment by Tartar3 on May 30, 2022 12:32pm
Company seems to think its removal from the financial report was important, but each person must make his/her own choice.Enable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×