Shares of Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report) traded up 8% during mid-day trading on Monday . The stock traded as high as $1.00 and last traded at $1.02. 581,859 shares traded hands during trading, a decline of 54% from the average session volume of 1,263,789 shares. The stock had previously closed at $0.94.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reissued a "buy" rating and issued a $1.30 target price (up from $1.00) on shares of Americas Gold and Silver in a report on Thursday, July 10th.
View Our Latest Analysis on USAS
Americas Gold and Silver Trading Down 1.1%
The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $0.80.
Hedge Funds Weigh In On Americas Gold and Silver
Several institutional investors have recently added to or reduced their stakes in the stock. Baader Bank Aktiengesellschaft acquired a new stake in shares of Americas Gold and Silver in the 2nd quarter worth $46,000. Goldman Sachs Group Inc. lifted its position in 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 valued at $32,000 after purchasing an additional 14,000 shares during the period. NewEdge Advisors LLC purchased a new stake in Americas Gold and Silver in the 1st quarter valued at approximately $59,000. XTX Topco Ltd boosted its holdings in Americas Gold and Silver by 494.6% in the 1st 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, HighTower Advisors LLC acquired a new position in Americas Gold and Silver during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds 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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