Americas Silver (TSE:USA) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Americas Silver Corp (TSE:USA)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.59 and traded as low as C$0.55. Americas Silver shares last traded at C$0.55, with a volume of 36,448 shares traded.

Americas Silver Price Performance

The stock’s 50 day simple moving average is C$0.58 and its 200-day simple moving average is C$0.45. The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44. The firm has a market cap of C$145.05 million, a price-to-earnings ratio of -2.50 and a beta of 1.56.

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.