10 Best Canadian Stocks Under $10 to Buy Now

8. Americas Gold & Silver Corporation (NYSEAMERICAN:USAS)

Number of Hedge Fund Holders: 19

Americas Gold & Silver Corporation (NYSEAMERICAN:USAS) is one of the best Canadian stocks under $10 to buy now. On April 30 Americas Gold & Silver announced a major new discovery at its Galena Complex, identifying six high-grade silver-copper-antimony veins. Located within the 43L-TJ Vein Complex, these splays were found ~150 meters southwest of the previously discovered 149 Vein and sit just 25 meters from existing mine infrastructure. Notable drilling results from Q1 2026 include high-grade intercepts such as 1,392 g/t silver, 1.5% copper, and 1.5% antimony over a true width of 1.9 meters.

Chairman and CEO Paul Andre Huet highlighted that this is the company’s fourth significant discovery within a single year of drilling, showing the untapped potential of the Idaho-based assets. The proximity to current infrastructure is expected to facilitate rapid development, similar to the 034 Vein discovery from mid-2025. To capitalize on these findings, the team is currently planning an exploration drift and follow-up drilling to better define the structural controls of the mineralization.

The discovery reinforces the Galena Complex’s position as one of the world’s highest-grade silver operations. Americas Gold & Silver Corporation (NYSEAMERICAN:USAS) intends to focus aggressively on expanding this new zone throughout 2026, aiming to fast-track future production from the 4300 level. With a strong exploration budget and established site infrastructure, the 43L-TJ Vein remains wide open for further expansion following these successful infill and step-out drilling efforts.

Americas Gold & Silver Corporation (NYSEAMERICAN:USAS) is a mining company producing silver, copper, and antimony from high-grade operations in the US and Mexico. With a focus on scaling US silver output and serving as a key domestic supplier of antimony, the company offers leveraged exposure to both precious metals and critical mineral demand trends.