Americas Gold and Silver Corp. (USAS) Climbs to 52-Week High on Precious Metals’ Surge

We recently published 10 Stocks Delivering Double-Digit Gains Effortlessly; 4 Hit Highs. Americas Gold and Silver Corporation (NYSEAmerican:USAS) was one of the best performers on Friday.

Americas Gold and Silver soared to another 52-week record on Friday, as investors continued to load up portfolios in mining stocks amid precious metals’ surge to new all-time highs.

At intra-day trading, Americas Gold and Silver Corporation (NYSEAmerican:USAS) jumped to its highest price of $9.41 before paring gains to end the day just up by 9.55 percent at $9.29 apiece.

This followed silver spot prices’ jump to the $103 territory, while gold rallied to as high as $4,988—just $12 shy of the $5,000 territory.

Americas Gold and Silver Corp. (USAS) Climbs to 52-Week High on Precious Metals' Surge

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The rally in precious metals and mining stocks remains boosted by geopolitical tensions between the world’s largest economy and the European Union despite both parties already recalling previously announced tariff plans, as investors stayed cautious amid a volatile and unpredictable US president.

Further fueling sentiment were news earlier that Americas Gold and Silver Corporation (NYSEAmerican:USAS) hit a record silver production of 2.65 million ounces, up 52 percent from 1.74 million ounces in 2024.

Its Cosala operations in Mexico alone achieved a new annual production record of 1.19 million ounces, driven by a record quarter output of 463,000 ounces for the fourth quarter of 2025.

“We capped off a highly successful and transformative 2025 with a 52 percent increase in attributable silver production to 2.65 million ounces—achieved in a robust and rising silver price environment that significantly amplifies the revenue and cash flow benefits of our expanded output,” said Chairman and CEO Paul Andre Huet.

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Disclosure: None. This article is originally published at Insider Monkey.