Americas Gold and Silver FY2025 EPS Reduced by HC Wainwright

Key Points

• HC Wainwright has reduced its FY2025 earnings per share estimate for Americas Gold and Silver to ($0.06), down from a previous estimate of ($0.05), while maintaining a "Buy" rating with a target price of $1.30.
• Americas Gold and Silver's shares opened at $1.00 and the company has a market cap of $670.69 million, reflecting a 3.3% decline in trading.
• Institutional investors and hedge funds currently hold 13.38% of Americas Gold and Silver's stock, with significant acquisitions in the last quarter from various major funds like JPMorgan Chase & Co. and Bank of America Corp DE.

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Free Report) - Equities researchers at HC Wainwright cut their FY2025 earnings per share estimates for shares of Americas Gold and Silver in a report issued on Tuesday, August 12th. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.06) per share for the year, down from their prior estimate of ($0.05). HC Wainwright has a "Buy" rating and a $1.30 price target on the stock. The consensus estimate for Americas Gold and Silver's current full-year earnings is ($0.11) per share.

Americas Gold and Silver Stock Down 8.1%

USAS traded down $0.0780 during trading on Thursday, reaching $0.8820. 1,957,605 shares of the company were exchanged, compared to its average volume of 1,515,492. The company has a 50-day simple moving average of $0.92. The stock has a market cap of $594.04 million, a P/E ratio of -6.78 and a beta of 0.55. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.03 and a current ratio of 1.14. Americas Gold and Silver has a 12-month low of $0.22 and a 12-month high of $1.14.

Institutional Trading of Americas Gold and Silver

Several institutional investors and hedge funds have recently modified their holdings of USAS. Goldman Sachs Group Inc. increased its position in Americas Gold and Silver by 29.6% during the first quarter. Goldman Sachs Group Inc. now owns 61,228 shares of the company's stock valued at $32,000 after acquiring an additional 14,000 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Americas Gold and Silver by 4.8% during the fourth quarter. Cetera Investment Advisers now owns 428,844 shares of the company's stock worth $167,000 after purchasing an additional 19,696 shares in the last quarter. Jane Street Group LLC grew its position in shares of Americas Gold and Silver by 38.9% during the first quarter. Jane Street Group LLC now owns 173,614 shares of the company's stock worth $92,000 after purchasing an additional 48,616 shares in the last quarter. Merk Investments LLC grew its position in shares of Americas Gold and Silver by 1.9% during the fourth quarter. Merk Investments LLC now owns 2,751,028 shares of the company's stock worth $1,050,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft purchased a new stake in shares of Americas Gold and Silver during the second quarter worth about $46,000. Hedge funds and other institutional investors own 13.38% of the company's stock.

Americas Gold and 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.