Americas Gold and Silver Corp (USAS) Skyrockets 43% on Precious Metals Rally

We recently published 10 Stocks With Effortless Double-, Triple-Digit Gains. Americas Gold and Silver Corporation (NYSEAmerican:USAS) was one of the top performers last week.

Americas Gold and Silver Corp. soared by 43.36 percent week-on-week to hit a new 52-week high, as investors continued to load up portfolios in mining stocks amid precious metals’ surge to new all-time highs.

On Friday alone, 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.

Image by Csaba Nagy from Pixabay

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, during the session.

The rally in precious metals and mining stocks remained 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.