Americas Silver (TSE:USA) Hits New 1-Year High - Time to Buy?

Key Points

• Americas Silver Corp's share price reached a new 52-week high of C$4.34, closing at C$4.28 with a trading volume of 266,818 shares.
• Cormark upgraded the price objective for Americas Silver from C$2.00 to C$5.00 in a report published on August 28th.
• The company's market cap stands at C$1.17 billion, with a significant debt-to-equity ratio of 77.75.

Shares of Americas Silver Corp (TSE:USA - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$4.34 and last traded at C$4.28, with a volume of 266818 shares changing hands. The stock had previously closed at C$4.14.

Analysts Set New Price Targets

Separately, Cormark upped their price target on shares of Americas Silver from C$2.00 to C$5.00 in a research report on Thursday, August 28th.

Americas Silver Stock Performance

The company has a current ratio of 0.42, a quick ratio of 0.19 and a debt-to-equity ratio of 77.75. The firm has a market capitalization of C$1.18 billion, a price-to-earnings ratio of -12.46 and a beta of 1.45. The stock's 50 day moving average price is C$2.33 and its two-hundred day moving average price is C$1.40.

About Americas Silver

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.