Americas Gold and Silver Surges on High-Grade Drill Results
Americas Gold and Silver (TSX:USA) has reported high-grade silver and copper drill results from its largest exploration and resource conversion campaigns at the Galena Complex in the U.S. and the Cosalá Complex in Mexico.
The drilling update comes after a strong run for Americas Gold and Silver, with its current share price at CA$7.23 and a 1-year total shareholder return of 74.64%. The 3-year total shareholder return is close to 5x, and the 5-year figure is also very large.
The company's growing exposure to silver (now 82% of revenue) positions Americas Gold and Silver to participate in industrial and investment demand for silver in sectors such as green technology and electronics.