Americas Gold and Silver Soars 1.04% on Antimony Breakthrough Operational Gains Drive 6-Day Rally

Americas Gold and Silver (USAS) surged 1.04% on October 2, extending its winning streak to six consecutive days with a cumulative gain of 24.04%. The stock hit its highest level since October 2025, with an intraday rally of 6.01%, signaling renewed investor confidence in the miner’s strategic and operational momentum.

The recent antimony extraction breakthrough at the Galena Complex in Idaho, achieving 99%+ purity from copper concentrate, has positioned the company to tap into a critical industrial metal market. Antimony’s demand in flame retardants, batteries, and semiconductors offers a diversified revenue stream, enhancing long-term profitability. This technical achievement underscores the company’s innovation in optimizing by-product streams.

Operational upgrades at the Galena Complex, including a 100% productivity boost at the Galena No. 3 Shaft, have accelerated processing of high-grade ore. A recent discovery of 24,913 g/t silver and 16.9% copper at the 149 Vein further validates the asset’s potential, likely boosting silver and copper output. These developments align with the company’s goal to dominate North American silver production, capitalizing on strong industrial and green energy demand.

A share consolidation in August 2025, though details unspecified, has likely improved liquidity and institutional appeal. Analysts maintain a “Buy” consensus with a $3.25 price target, reflecting optimism about the company’s operational execution and strategic focus. Reduced short interest by 50.71% since September 2025 also indicates waning bearish sentiment, supported by the leadership transition under CEO Paul Andre Huet.

Financially, the company has strengthened its capital structure through a $100 million debt financing and a $15 million secured agreement for the EC120 Project. These measures reduced liabilities by $35 million since late 2024, enabling reinvestment in growth initiatives. With 80% of revenue expected to shift toward silver by year-end, Americas Gold is well-positioned to benefit from sustained price trends in the metal.