Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $0.94 and last traded at $0.91, with a volume of 1195092 shares changing hands. The stock had previously closed at $0.88.
Analyst Upgrades and Downgrades
Separately, HC Wainwright increased their price objective on Americas Gold and Silver from $1.00 to $1.30 and gave the company a "buy" rating in a report on Thursday.
Check Out Our Latest Stock Analysis on Americas Gold and Silver
Americas Gold and Silver Price Performance
The company has a market capitalization of $661.80 million, a P/E ratio of -7.61 and a beta of 0.62. The stock has a 50-day simple moving average of $0.73. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.37 and a current ratio of 0.52.
Hedge Funds Weigh In On Americas Gold and Silver
A number of large investors have recently bought and sold shares of the stock. HighTower Advisors LLC acquired a new position in shares of Americas Gold and Silver in the 4th quarter valued at about $47,000. Hollencrest Capital Management lifted its position in Americas Gold and Silver by 46.8% during the fourth quarter. Hollencrest Capital Management now owns 1,787,017 shares of the company's stock valued at $672,000 after buying an additional 569,941 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Americas Gold and Silver in the fourth quarter worth $73,000. JPMorgan Chase & Co. purchased a new position in shares of Americas Gold and Silver in the 4th quarter valued at $94,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Americas Gold and Silver by 20.0% during the 4th quarter. Renaissance Technologies LLC now owns 1,216,200 shares of the company's stock valued at $457,000 after acquiring an additional 202,600 shares in the last quarter. Hedge funds and other institutional investors own 13.38% of the company's stock.
About Americas Gold and Silver
(
Get Free Report)
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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