NAS10029,644+0.67%S&P7,651+0.17%GOLD$4,417−0.18%BTC$81,133−0.12%VIX14.81−4.08%live tape · as of 23:00 UTC · 20 Sep
The Screen · Basic Materials · Other Industrial Metals & Mining
Americas Gold and Silver Corporation
USAS · NYSE American · USD · Market cap $1.5B
Americas Gold and Silver Corporation, together with its subsidiaries, engages in the exploration, development, and production of mineral properties in the Americas.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price4.58 USD
Fair value5.89
Ethical score70.0/100
Our investment reviews on this name
2026-09-15Read Markdown5.74-20.2% to today ✓
2026-08-15Read Accumulation5.19-11.8% to today
2026-07-02Read Markup5.28-13.3% to today
Our analytic regime reads on this name, dated and marked against today's price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Americas Gold and Silver Corporation holds its Markdown at $4.58. Consolidating, no directional conviction, held for 3 days.
As held on the ledger · 2026-09-16
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 3 days
Price at the screen
$4.58
Valuation
N/A trailing · 15.27 forward price to earnings
Values screen
PASS· score 70.0
Beta
2.28
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
13.48%
Below 33%
Interest-bearing debt is just 13.5% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
32.68%
Below 49%
Money owed to the company is 32.7% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. A 28.7% margin of safety to the base estimate.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Cheap mining stock signals classic cyclical trap
Picture a miner chasing metal prices that swing like a bar fight, one month fat margins, the next month red ink everywhere. Americas Gold and Silver shows 188 percent revenue growth yet still posts a 36 percent loss margin and negative 39 percent return on equity. The forward multiple sits at just 8.7 times, but that low number is the warning, not the bargain.
We pass because the business sits squarely in a cyclical industry where peak earnings often coincide with the lowest multiples. Margin of safety looks attractive on paper against our $5.10 fair value, yet history shows these setups frequently deliver exactly the opposite outcome once commodity cycles turn. Ethical screen clears, yet that alone does not change the structural trap.
One analyst calls it a strong buy with a $10 target, but single-analyst coverage adds little comfort in a sector this volatile. The real risk is mistaking temporary price spikes for durable earnings power. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day; its business and earnings are exposed to Canada and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
USAS trades on NYSE American (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-15Markdown · changed$5.74+10.6%Entry 5
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 10.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 13% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 128%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (1 analysts) rates it strong buy, with a mean price target of $10.
2026-08-15Accumulation · changed$5.19-1.7%Entry 4
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 1.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 13% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 128%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (1 analysts) rates it strong buy, with a mean price target of $10.
2026-07-18Markup$5.28+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 13% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 128%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (1 analysts) rates it strong buy, with a mean price target of $10.
2026-07-03Markup$5.28+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$5.28Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
