Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $4.67, but opened at $4.99. Americas Gold and Silver shares last traded at $5.0450, with a volume of 1,018,146 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on USAS. TD Securities assumed coverage on shares of Americas Gold and Silver in a report on Monday, February 9th. They set a "buy" rating on the stock. HC Wainwright reaffirmed a "buy" rating and issued a $9.75 target price on shares of Americas Gold and Silver in a research report on Thursday, January 22nd. Finally, Canaccord Genuity Group began coverage on shares of Americas Gold and Silver in a research note on Tuesday, February 24th. They set a "buy" rating on the stock. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Americas Gold and Silver presently has a consensus rating of "Buy" and an average target price of $9.75.
View Our Latest Analysis on USAS
Americas Gold and Silver Price Performance
The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of -19.26 and a beta of 0.53. The company has a fifty day moving average price of $7.70 and a two-hundred day moving average price of $5.62. The company has a quick ratio of 0.77, a current ratio of 0.91 and a debt-to-equity ratio of 0.96.
Institutional Trading of Americas Gold and Silver
Large investors have recently bought and sold shares of the business. Stone House Investment Management LLC grew its position in Americas Gold and Silver by 130.2% during the 4th quarter. Stone House Investment Management LLC now owns 9,256 shares of the company's stock worth $47,000 after purchasing an additional 5,236 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of Americas Gold and Silver in the fourth quarter valued at about $51,000. Wealthcare Capital Management LLC acquired a new stake in shares of Americas Gold and Silver during the fourth quarter worth about $57,000. Hudson Bay Capital Management LP acquired a new stake in shares of Americas Gold and Silver during the third quarter worth about $42,000. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Americas Gold and Silver during the fourth quarter worth about $67,000. Institutional investors and hedge funds own 13.38% of the company's stock.
Americas Gold and Silver Company Profile
(
Get Free Report)
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.
Further Reading
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