Cormark Cuts Earnings Estimates for Americas Gold and Silver

Key Points

• Cormark has revised its FY2025 earnings estimates for Americas Gold and Silver, predicting a loss of ($0.06) per share, down from the previous estimate of ($0.04).
• HC Wainwright has maintained a "buy" rating for the company, raising its price target on shares to $1.30 from $1.00.
• Several institutional investors have increased their stakes in Americas Gold and Silver, indicating growing interest in the company.

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Free Report) - Research analysts at Cormark dropped their FY2025 earnings estimates for shares of Americas Gold and Silver in a report issued on Tuesday, August 12th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of ($0.06) for the year, down from their prior forecast of ($0.04). The consensus estimate for Americas Gold and Silver's current full-year earnings is ($0.11) per share. Cormark also issued estimates for Americas Gold and Silver's FY2026 earnings at ($0.01) EPS.

Separately, HC Wainwright restated a "buy" rating and set a $1.30 price target (up previously from $1.00) on shares of Americas Gold and Silver in a report on Thursday, July 10th.

Americas Gold and Silver Price Performance

Shares of NYSEAMERICAN USAS opened at $1.00 on Thursday. The business's 50 day moving average price is $0.91. The firm has a market cap of $670.69 million, a P/E ratio of -7.66 and a beta of 0.55. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.14 and a quick ratio of 0.37. Americas Gold and Silver has a 1 year low of $0.22 and a 1 year high of $1.14.

Institutional Investors Weigh In On Americas Gold and Silver

Institutional investors have recently modified their holdings of the company. Lido Advisors LLC purchased a new stake in Americas Gold and Silver in the second quarter valued at $85,000. Quadrature Capital Ltd purchased a new stake in Americas Gold and Silver in the second quarter valued at $603,000. Fiducient Advisors LLC purchased a new stake in Americas Gold and Silver in the second quarter valued at $81,000. JPMorgan Chase & Co. lifted its position in Americas Gold and Silver by 15.7% in the second quarter. JPMorgan Chase & Co. now owns 955,284 shares of the company's stock valued at $772,000 after acquiring an additional 129,919 shares during the last quarter. Finally, NewGen Equity Long Short Fund purchased a new stake in Americas Gold and Silver in the second quarter valued at $25,927,000. 13.38% of the stock is owned by hedge funds and other institutional investors.

About Americas Gold and 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.