Americas Gold and Silver Corporation $USAS Stake Raised by K.J. Harrison & Partners Inc

Key Points

• K.J. Harrison & Partners boosted its stake in Americas Gold and Silver (NYSEAMERICAN:USAS) by 275.8% in Q4 to 241,856 shares (~$1.24M), representing about 0.08% ownership. Several other institutions also built meaningful positions—NewGen (~$25.9M), MIRAE (~$10.6M) and Montrusco (~$9.95M)—and hedge funds/institutions own roughly 13.38% of the stock.
• Analyst coverage is broadly positive: five firms rate USAS as Buy/Outperform with an average price target of $9.75 (including reports from HC Wainwright, BMO, Canaccord and TD Securities).
• The company has a market cap of $2.08B, a negative trailing P/E (-19.63), and a 52-week range of $1.33 to $10.50, with the stock trading around $6.38 and 50-/200-day moving averages near $6.64 and $6.01.

K.J. Harrison & Partners Inc increased its holdings in Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Free Report) by 275.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,856 shares of the company's stock after acquiring an additional 177,500 shares during the period. K.J. Harrison & Partners Inc owned about 0.08% of Americas Gold and Silver worth $1,242,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. NewGen Equity Long Short Fund purchased a new stake in Americas Gold and Silver in the 2nd quarter worth about $25,927,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Americas Gold and Silver in the 2nd quarter worth about $10,574,000. Tidal Investments LLC lifted its stake in Americas Gold and Silver by 56.0% in the 2nd quarter. Tidal Investments LLC now owns 5,570,774 shares of the company's stock worth $4,500,000 after acquiring an additional 2,000,563 shares in the last quarter. Bank of America Corp DE lifted its stake in Americas Gold and Silver by 38.6% in the 2nd quarter. Bank of America Corp DE now owns 3,123,373 shares of the company's stock worth $2,521,000 after acquiring an additional 869,500 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. acquired a new position in Americas Gold and Silver in the 3rd quarter worth about $9,954,000. 13.38% of the stock is owned by hedge funds and other institutional investors.

Americas Gold and Silver Stock Performance

Shares of NYSEAMERICAN USAS opened at $6.38 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.66 and a current ratio of 1.78. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of -19.63 and a beta of 0.86. The business's 50-day simple moving average is $6.64 and its 200-day simple moving average is $6.01. Americas Gold and Silver Corporation has a 52 week low of $1.33 and a 52 week high of $10.50.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on USAS shares. HC Wainwright reaffirmed a "buy" rating and issued a $9.75 target price on shares of Americas Gold and Silver in a research report on Friday, April 17th. BMO Capital Markets started coverage on Americas Gold and Silver in a research report on Wednesday, April 1st. They issued an "outperform" rating on the stock. Canaccord Genuity Group started coverage on Americas Gold and Silver in a research report on Tuesday, February 24th. They issued a "buy" rating on the stock. Finally, TD Securities started coverage on Americas Gold and Silver in a research report on Monday, February 9th. They issued a "buy" rating on the stock. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Americas Gold and Silver presently has an average rating of "Buy" and an average price target of $9.75.

About Americas Gold and Silver

Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver and gold assets in North America. The company's core operations center on the Cosalá district in Sinaloa, Mexico and the Relief Canyon mine in Nevada, where it pursues both open-pit and underground mining techniques. In addition to these producing mines, Americas Gold and Silver maintains an exploration portfolio designed to support future growth and reserve replacement.

The Cosalá operation comprises multiple silver-gold deposits accessed via ramp and portal infrastructure.

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