Americas Silver Corp (TSE:USA - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$10.64 and traded as low as C$7.22. Americas Silver shares last traded at C$7.38, with a volume of 19,498,127 shares traded.
Analyst Upgrades and Downgrades
USA has been the subject of a number of recent research reports. Canaccord Genuity Group set a C$17.00 price objective on Americas Silver and gave the company a "buy" rating in a research note on Tuesday, February 24th. TD Securities upgraded shares of Americas Silver to a "strong-buy" rating in a report on Tuesday, February 10th. Finally, Haywood Securities lifted their price target on shares of Americas Silver from C$7.75 to C$9.00 in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat, Americas Silver currently has an average rating of "Buy" and a consensus price target of C$10.00.
View Our Latest Stock Analysis on USA
Americas Silver Stock Performance
The company has a debt-to-equity ratio of 100.82, a current ratio of 0.91 and a quick ratio of 0.19. The stock has a fifty day moving average price of C$10.64 and a two-hundred day moving average price of C$7.53. The company has a market cap of C$2.35 billion, a P/E ratio of -26.84 and a beta of 2.26.
Insider Buying and Selling at Americas Silver
In other news, Director Scott Mckee Hand sold 125,000 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of C$10.96, for a total value of C$1,370,000.00. Following the completion of the transaction, the director owned 593,352 shares of the company's stock, valued at approximately C$6,503,137.92. This represents a 17.40% decrease in their ownership of the stock. Also, insider Warren Varga sold 50,000 shares of the firm's stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$8.05, for a total value of C$402,500.00. Following the transaction, the insider directly owned 50,610 shares in the company, valued at C$407,410.50. This trade represents a 49.70% decrease in their ownership of the stock. 0.86% of the stock is owned by insiders.
Americas Silver Company Profile
(
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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.
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