Americas Silver (TSE:USA) Director Sells C$47,998.36 in Stock

Americas Silver Corp (TSE:USA) Director Shirley Eleanor In’t Veld sold 7,132 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of C$6.73, for a total transaction of C$47,998.36. Following the sale, the director owned 6,202 shares in the company, valued at approximately C$41,739.46. This trade represents a 53.49% decrease in their position.

Americas Silver Stock Performance

TSE USA opened at C$6.30 on Friday. Americas Silver Corp has a 52-week low of C$4.96 and a 52-week high of C$14.14. The company has a debt-to-equity ratio of 18.83, a quick ratio of 0.19 and a current ratio of 1.62. The company has a market capitalization of C$2.13 billion, a P/E ratio of -35.00 and a beta of 3.20. The company has a fifty day moving average of C$6.85 and a 200-day moving average of C$7.36.

Analyst Upgrades and Downgrades

Separately, TD dropped their price target on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating for the company in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$12.67.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.