Americas Silver (NYSEAMERICAN:USAS – Get Free Report) is expected to release its earnings data before the market opens on Thursday, March 27th. Analysts expect Americas Silver to post earnings of $0.00 per share and revenue of $31.39 million for the quarter.
Americas Silver Stock Up 1.6 %
Shares of Americas Silver stock opened at $0.57 on Wednesday. The stock has a market cap of $140.13 million, a price-to-earnings ratio of -3.14 and a beta of 1.20. Americas Silver has a 1-year low of $0.20 and a 1-year high of $0.60. The company has a current ratio of 0.42, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18.
Analyst Upgrades and Downgrades
USAS has been the subject of a number of research reports. HC Wainwright lowered their target price on Americas Silver from $1.00 to $0.90 and set a “buy” rating for the company in a research note on Tuesday, March 18th. Cormark raised shares of Americas Silver to a “moderate buy” rating in a research note on Thursday, January 23rd.
Institutional Trading of Americas Silver
A hedge fund recently raised its stake in Americas Silver stock. Bank of America Corp DE increased its holdings in Americas Silver Corp (NYSEAMERICAN:USAS – Free Report) by 273,321.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,800 shares of the company’s stock after buying an additional 207,724 shares during the period. Bank of America Corp DE owned 0.08% of Americas Silver worth $78,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 13.38% of the company’s stock.
Americas Silver Company Profile
Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.
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