Americas Silver (TSE:USA) Share Price Crosses Below 50 Day Moving Average of $0.39

Americas Silver Corp (TSE:USA) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.39 and traded as low as C$0.36. Americas Silver shares last traded at C$0.37, with a volume of 92,850 shares trading hands.

Americas Silver Price Performance

The firm has a 50-day moving average of C$0.39 and a 200 day moving average of C$0.34. The company has a debt-to-equity ratio of 31.10, a current ratio of 0.44 and a quick ratio of 0.19. The stock has a market capitalization of C$92.88 million, a price-to-earnings ratio of -1.48 and a beta of 1.44.

Americas Silver (TSE:USA) last issued its quarterly earnings results on Wednesday, May 15th. The company reported C($0.08) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.07). Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. The company had revenue of C$24.72 million for the quarter. As a group, sell-side analysts forecast that Americas Silver Corp will post -0.08 earnings per share for the current fiscal year.

About Americas Silver

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.