Shares of Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Get Free Report) rose 7.2% on Thursday . The company traded as high as $0.82 and last traded at $0.83. Approximately 803,056 shares were traded during trading, a decline of 32% from the average daily volume of 1,173,714 shares. The stock had previously closed at $0.77.
Wall Street Analyst Weigh In
Separately, HC Wainwright raised their price target on shares of Americas Gold and Silver from $0.90 to $1.00 and gave the company a "buy" rating in a research report on Friday, March 28th.
View Our Latest Stock Report on USAS
Americas Gold and Silver Stock Up 7.4%
The company has a 50-day simple moving average of $0.67. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.37 and a current ratio of 0.52. The company has a market cap of $553.40 million, a PE ratio of -6.39 and a beta of 0.54.
Institutional Investors Weigh In On Americas Gold and Silver
Hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers increased its position in shares of Americas Gold and Silver by 4.8% during the 4th quarter. Cetera Investment Advisers now owns 428,844 shares of the company's stock valued at $167,000 after purchasing an additional 19,696 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Americas Gold and Silver by 38.9% during the first quarter. Jane Street Group LLC now owns 173,614 shares of the company's stock worth $92,000 after acquiring an additional 48,616 shares in the last quarter. Merk Investments LLC lifted 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. XTX Topco Ltd boosted its stake in shares of 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, NewEdge Advisors LLC bought a new position in shares of Americas Gold and Silver during the 1st quarter valued at $59,000. 13.38% of the stock is currently 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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