Americas Silver (TSE:USA) Reaches New 1-Year Low – What’s Next?

Shares of Americas Silver Corp (TSE:USA) reached a new 52-week low during trading on Friday. The stock traded as low as C$3.73 and last traded at C$3.87, with a volume of 217,512 shares. The stock had previously closed at C$3.98.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on USA shares. National Bank Financial upgraded shares of Americas Silver to a “strong-buy” rating in a report on Thursday, October 8th. Stifel Nicolaus set a C$12.00 target price on shares of Americas Silver and gave the stock a “buy” rating in a research note on Wednesday, October 14th. Three investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$12.57.

Americas Silver Price Performance

The company has a debt-to-equity ratio of 18.83, a current ratio of 1.62 and a quick ratio of 0.19. The firm has a fifty day moving average of C$5.72 and a two-hundred day moving average of C$7.63. The stock has a market capitalization of C$1.22 billion, a P/E ratio of -20.00 and a beta of 2.66.

Americas Silver (TSE:USA) last issued its earnings results on Friday, November 13th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$73.18 million for the quarter. Americas Silver had a negative return on equity of 24.05% and a negative net margin of 26.60%. On average, analysts predict that Americas Silver Corp will post -0.08 EPS for the current year.

Insider Activity at Americas Silver

In related news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of C$6.73, for a total value of C$47,998.36. Following the completion of the transaction, the director owned 6,202 shares of the company’s stock, valued at C$41,739.46. The trade was a 53.49% decrease in their ownership of the stock. Corporate 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.