Americas Silver (TSE:USA) Sets New 12-Month High – Should You Buy?

Americas Silver Corp (TSE:USA)’s share price reached a new 52-week high on Thursday . The stock traded as high as C$0.85 and last traded at C$0.84, with a volume of 1283673 shares changing hands. The stock had previously closed at C$0.83.

Wall Street Analyst Weigh In

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

Americas Silver Trading Up 2.4 %

The business’s 50 day simple moving average is C$0.74 and its 200 day simple moving average is C$0.60. The company has a debt-to-equity ratio of 77.75, a current ratio of 0.42 and a quick ratio of 0.19. The company has a market capitalization of C$357.55 million, a price-to-earnings ratio of -3.51 and a beta of 1.56.

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.