Americas Silver (TSE:USA) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Americas Silver Corp (TSE:USA) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.68 and traded as high as C$0.80. Americas Silver shares last traded at C$0.75, with a volume of 941,503 shares.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a research report on Thursday, January 23rd.

Americas Silver Price Performance

The stock’s 50-day moving average price is C$0.68 and its 200-day moving average price is C$0.55. The company has a market capitalization of C$315.48 million, a price-to-earnings ratio of -3.10 and a beta of 1.56. The company has a quick ratio of 0.19, a current ratio of 0.42 and a debt-to-equity ratio of 77.75.

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.