Americas Silver (TSE:USA) Hits New 12-Month High - Time to Buy?

Key Points

• Americas Silver Corp shares reached a new 52-week high of C$4.09, reflecting significant trading activity with over 1.1 million shares exchanged.
• Cormark upgraded the price target for Americas Silver from C$2.00 to C$5.00, signaling positive expectations from Wall Street analysts.
• The company has a market capitalization of C$1.11 billion and a high debt-to-equity ratio of 77.75, indicating some financial risk.

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$4.09 and last traded at C$4.08, with a volume of 1122428 shares. The stock had previously closed at C$3.91.

Analyst Ratings Changes

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

Americas Silver Stock Performance

The company has a market capitalization of C$1.13 billion, a price-to-earnings ratio of -11.83 and a beta of 1.45. The company has a debt-to-equity ratio of 77.75, a quick ratio of 0.19 and a current ratio of 0.42. The firm has a 50-day simple moving average of C$2.21 and a two-hundred day simple moving average of C$1.34.

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.