Americas Silver (TSE:USA) Stock Rating Upgraded by Stifel Nicolaus

Americas Silver (TSE:USA) was upgraded by Stifel Nicolaus to a “strong-buy” rating in a research report issued on Tuesday, Zacks reports.

Other research analysts also recently issued research reports about the stock. TD dropped their price target on shares of Americas Silver from C$12.00 to C$11.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. National Bank Financial raised shares of Americas Silver to a “strong-buy” rating in a research note on Thursday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, Americas Silver has an average rating of “Buy” and a consensus target price of C$12.57.

Americas Silver Stock Performance

Shares of USA stock opened at C$5.31 on Tuesday. The business’s 50 day simple moving average is C$6.91 and its 200 day simple moving average is C$7.21. Americas Silver has a one year low of C$4.96 and a one year high of C$14.14. The stock has a market capitalization of C$1.80 billion, a PE ratio of -29.50 and a beta of 3.17. The company has a debt-to-equity ratio of 18.83, a current ratio of 1.62 and a quick ratio of 0.19.

Insider Transactions at Americas Silver

In other Americas Silver news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of C$6.73, for a total value of C$47,998.36. Following the completion of the sale, the director owned 6,202 shares of the company’s stock, valued at approximately C$41,739.46. This trade represents a 53.49% decrease in their ownership of the stock. Insiders own 0.86% of the company’s stock.

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.