Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give Americas Gold and Silver a “Moderate Buy” consensus: Five analysts rate the stock a buy, while one recommends selling. The average 12-month price target is $9.75.
• USAS opened at $5.16, with a 52-week range of $2.18 to $10.50 and a market capitalization of approximately $1.74 billion.
• Institutional investors own 13.38% of the company, with several funds—including Renaissance Technologies, Alps Advisors, Gabelli Funds and Walleye Capital—recently increasing their positions.

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $9.75.

Several equities analysts have commented on the company. BMO Capital Markets reaffirmed an "outperform" rating on shares of Americas Gold and Silver in a report on Tuesday, May 19th. Zacks Research lowered Americas Gold and Silver from a "hold" rating to a "strong sell" rating in a report on Friday.

Americas Gold and Silver Price Performance

NYSEAMERICAN USAS opened at $5.16 on Tuesday. Americas Gold and Silver has a twelve month low of $2.18 and a twelve month high of $10.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.54 and a current ratio of 1.68. The stock has a market capitalization of $1.74 billion, a PE ratio of -27.16 and a beta of 0.95. The stock has a 50-day simple moving average of $4.63 and a 200 day simple moving average of $6.00.

Institutional Investors Weigh In On Americas Gold and Silver

Several institutional investors and hedge funds have recently bought and sold shares of USAS. Renaissance Technologies LLC bought a new position in shares of Americas Gold and Silver during the 1st quarter worth about $5,468,000. K.J. Harrison & Partners Inc increased its stake in Americas Gold and Silver by 275.8% in the fourth quarter. K.J. Harrison & Partners Inc now owns 241,856 shares of the company's stock valued at $1,242,000 after acquiring an additional 177,500 shares during the period. Alps Advisors Inc. raised its position in Americas Gold and Silver by 62.9% in the fourth quarter. Alps Advisors Inc. now owns 5,872,547 shares of the company's stock worth $30,009,000 after purchasing an additional 2,267,956 shares in the last quarter. Gabelli Funds LLC raised its position in Americas Gold and Silver by 14,000.0% in the first quarter. Gabelli Funds LLC now owns 2,115,000 shares of the company's stock worth $11,040,000 after purchasing an additional 2,100,000 shares in the last quarter. Finally, Walleye Capital LLC lifted its stake in Americas Gold and Silver by 110.3% during the first quarter. Walleye Capital LLC now owns 706,630 shares of the company's stock worth $3,689,000 after purchasing an additional 370,683 shares during the period. Institutional investors own 13.38% of the company's stock.

Americas Gold and Silver Company Profile

Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver and gold assets in North America. The company's core operations center on the Cosalá district in Sinaloa, Mexico and the Relief Canyon mine in Nevada, where it pursues both open-pit and underground mining techniques. In addition to these producing mines, Americas Gold and Silver maintains an exploration portfolio designed to support future growth and reserve replacement.

The Cosalá operation comprises multiple silver-gold deposits accessed via ramp and portal infrastructure.

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