Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $1.07 and last traded at $1.07, with a volume of 948544 shares traded. The stock had previously closed at $1.02.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reiterated a "buy" rating and issued a $1.30 price target (up previously from $1.00) on shares of Americas Gold and Silver in a research report on Thursday, July 10th.
Read Our Latest Report on USAS
Americas Gold and Silver Stock Up 0.9%
The company has a debt-to-equity ratio of 0.10, a current ratio of 0.52 and a quick ratio of 0.37. The firm has a market capitalization of $734.14 million, a P/E ratio of -8.38 and a beta of 0.55. The firm's 50-day moving average is $0.89.
Hedge Funds Weigh In On Americas Gold and Silver
A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in shares of Americas Gold and Silver by 29.6% in the first quarter. Goldman Sachs Group Inc. now owns 61,228 shares of the company's stock worth $32,000 after buying an additional 14,000 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new stake in Americas Gold and Silver during the second quarter valued at about $46,000. NewEdge Advisors LLC purchased a new stake in Americas Gold and Silver during the first quarter valued at about $59,000. XTX Topco Ltd raised its position in Americas Gold and Silver by 494.6% during the first quarter. XTX Topco Ltd now owns 122,207 shares of the company's stock valued at $64,000 after purchasing an additional 101,655 shares in the last quarter. Finally, American Century Companies Inc. purchased a new stake in Americas Gold and Silver during the fourth quarter valued at about $73,000. 13.38% of the stock is owned by institutional investors.
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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