Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) is one of the best Canadian stocks to buy under $20. On February 10, Americas Gold and Silver Corporation entered into a definitive agreement with United States Antimony to form a joint venture to construct and operate an antimony processing plant in Idaho’s Silver Valley. The JV, owned 51% by Americas Gold and Silver and 49% by US Antimony, aims to create a vertically integrated ‘made in the USA’ solution for this critical mineral.
Americas Gold and Silver will provide the site at its Galena Complex and supply the antimony feedstock, while US Antimony will contribute technical expertise in facility construction, operations, and marketing. Financially, the agreement allows Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) to capture market value for the antimony it mines and 51% of the downstream processing profits, which were previously unrealized under prior offtake terms.
Pixabay/Public Domain
US Antimony will have the right to purchase the finished product at market rates and intends to leverage its existing relationships with the US government to secure funding. The partnership follows a productive 2025, during which the Galena Complex produced 561,000 pounds of antimony, with production expected to ramp up further as the company shifts toward high-grade tetrahedrite ore.
Americas Gold and Silver Corporation (NYSEAMERICAN:USAS), together with its subsidiaries, explores, develops, and produces mineral properties in the Americas. The company explores for gold, silver, zinc, lead, and other by-products.
While we acknowledge the potential of USAS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.
