BMO Capital increased Americas Gold and Silver Corporation’s price target amid strong production growth and cost performance.
BMO Capital raised its price target for Americas Gold and Silver Corporation (USAS) from C$10 to C$12, maintaining an Outperform rating. The firm cited on-track production at the Galena Complex and optimism about operational optimization efforts.
During its Q1 FY2026 earnings call, USAS reported sustained momentum across the Americas, driven by production growth and strong cost performance. The company also highlighted its strategic focus on antimony, positioning Galena as a key domestic source in the U.S.
USAS has outperformed the market with a 285% three-year return and posted 187.9% quarterly revenue growth year-over-year.