Americas Silver (TSE:USA) Sets New 52-Week High – Here’s What Happened

Americas Silver Corp (TSE:USA)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.78 and last traded at C$0.75, with a volume of 1065708 shares traded. The stock had previously closed at C$0.76.

Analyst Ratings Changes

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

Americas Silver Stock Performance

The company has a market capitalization of C$197.79 million, a P/E ratio of -3.41 and a beta of 1.56. The company’s fifty day simple moving average is C$0.61 and its 200-day simple moving average is C$0.50. The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44.

Americas Silver (TSE:USA) last issued its quarterly earnings results on Thursday, November 7th. The company reported C($0.07) EPS for the quarter. Americas Silver had a negative return on equity of 55.44% and a negative net margin of 45.63%. Research analysts predict that Americas Silver Corp will post -0.08 earnings per share for the current year.

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.