Americas Silver (TSE:USA) Hits New 52-Week High – What’s Next?

Shares of Americas Silver Corp (TSE:USA) reached a new 52-week high on Wednesday . The stock traded as high as C$0.79 and last traded at C$0.78, with a volume of 779966 shares traded. The stock had previously closed at C$0.74.

Analysts Set New Price Targets

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

Americas Silver Price Performance

The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19. The business has a fifty day moving average of C$0.62 and a 200 day moving average of C$0.51. The stock has a market cap of C$208.34 million, a PE ratio of -3.59 and a beta of 1.56.

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

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.