Americas Silver (TSE:USA) Reaches New 52-Week High - Should You Buy?

Key Points

• Americas Silver Corp shares reached a new 12-month high at C$3.58, compared to a previous close of C$1.33, indicating significant price movement and investor interest.
• The company's market cap stands at C$1.40 billion, with a negative PE ratio of -13.70 and a high debt-to-equity ratio of 77.75, highlighting potential financial risks.
• Americas Silver focuses on the exploration and operation of mineral properties, primarily silver, lead, zinc, and copper, with key assets in Mexico and Idaho.

Americas Silver Corp (TSE:USA - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$3.58 and last traded at C$3.32, with a volume of 505287 shares changing hands. The stock had previously closed at C$1.33.

Analyst Ratings Changes

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.

Americas Silver Stock Performance

The firm's 50 day moving average is C$1.46 and its 200 day moving average is C$1.05. 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 stock has a market cap of C$1.01 billion, a P/E ratio of -10.57 and a beta of 1.48.

Americas Silver Company Profile

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.