Americas Gold And Silver Cor (USAS) 13F Investor Activity Report (Q2 2026)

USAS ranks #3587 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

USAS is a top-conviction position for Merk Investments LLC — at 29.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

Franklin Resources Inc has added to its USAS position for two straight quarters, increasing it by $15.0M to reach $15.1M today.

Merk Investments LLC has trimmed its USAS position for two straight quarters, cutting it by $28.2M while still holding $91.5M.

USAS is up 7.5% today, and institutions have been net buyers of $71.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

USAS reported a net loss of $82.3M over the trailing twelve months.

• Not yet profitable — net loss of $82.3M over the trailing twelve months
• Revenue grew 48.0% year over year
• Operating cash flow was negative, using $2.1M in cash
• Current ratio of 10.24x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.24x equity — within a conventional range