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) - HC Wainwright decreased their FY2025 earnings per share estimates for Americas Gold and Silver in a report released on Tuesday, August 12th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.06) for the year, down from their prior estimate of ($0.05). HC Wainwright currently has a "Buy" rating and a $1.30 target price 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 Trading Down 3.3%

Shares of USAS opened at $1.00 on Thursday. The firm has a market cap of $670.69 million, a price-to-earnings ratio of -7.66 and a beta of 0.55. Americas Gold and Silver has a 52 week low of $0.22 and a 52 week high of $1.14. The company has a current ratio of 1.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.90. The business has a 50 day moving average price of $0.91.

Hedge Funds Weigh In On Americas Gold and Silver

Several hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of Americas Gold and Silver in the 4th quarter worth $94,000. Renaissance Technologies LLC grew its holdings in shares of Americas Gold and Silver by 20.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,216,200 shares of the company's stock worth $457,000 after acquiring an additional 202,600 shares during the last quarter. NewGen Asset Management Ltd acquired a new position in shares of Americas Gold and Silver in the 4th quarter worth $2,206,000. Merk Investments LLC grew its holdings in shares of Americas Gold and Silver by 1.9% in the 4th quarter. Merk Investments LLC now owns 2,751,028 shares of the company's stock worth $1,050,000 after acquiring an additional 50,000 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Americas Gold and Silver by 273,321.1% in the 4th quarter. Bank of America Corp DE now owns 207,800 shares of the company's stock worth $78,000 after acquiring an additional 207,724 shares during the last quarter. 13.38% of the stock is currently owned by institutional investors and hedge funds.

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.

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