Desjardins Upgrades Americas Silver (TSE:USA) to "Moderate Buy"

Key Points

• Desjardins has upgraded Americas Silver (TSE:USA) to a "moderate buy" rating in a recent research report.
• Cormark has increased the price target for Americas Silver from C$2.00 to C$5.00, with an average target price now at C$5.50.
• The company's stock opened at C$4.85 and has seen a 52-week range between C$1.02 and C$4.95.

Americas Silver (TSE:USA - Get Free Report) was upgraded by equities research analysts at Desjardins to a "moderate buy" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, Cormark raised their price objective on Americas Silver from C$2.00 to C$5.00 in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of C$5.50.

Americas Silver Stock Performance

Shares of USA stock opened at C$4.85 on Thursday. The company has a market cap of C$1.32 billion, a price-to-earnings ratio of -13.86 and a beta of 1.45. Americas Silver has a 52 week low of C$1.02 and a 52 week high of C$4.95. The company has a quick ratio of 0.19, a current ratio of 0.42 and a debt-to-equity ratio of 77.75. The firm has a 50 day moving average of C$2.59 and a 200-day moving average of C$1.50.

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.

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