Americas Gold and Silver Corporation $USAS Stock Holdings Boosted by U S Global Investors Inc.

Key Points

• U S Global Investors Inc. increased its stake in Americas Gold and Silver Corporation by 275.0%, owning 1,500,000 shares worth approximately $1,213,000 as of their latest SEC filing.
• Shares of Americas Gold and Silver have a twelve-month price range from $0.80 to $4.48, with current trading at around $4.13.
• Analysts have issued a buy rating for the stock, raising the price target from $1.30 to $3.40 according to HC Wainwright's recent report.

U S Global Investors Inc. lifted its position in shares of Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Free Report) by 275.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,500,000 shares of the company's stock after acquiring an additional 1,100,000 shares during the period. U S Global Investors Inc. owned 0.22% of Americas Gold and Silver worth $1,213,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Baader Bank Aktiengesellschaft acquired a new stake in Americas Gold and Silver in the second quarter worth about $46,000. Goldman Sachs Group Inc. lifted its holdings in Americas Gold and Silver by 29.6% in the first quarter. Goldman Sachs Group Inc. now owns 61,228 shares of the company's stock worth $32,000 after purchasing an additional 14,000 shares during the period. Jane Street Group LLC lifted its holdings in Americas Gold and Silver by 38.9% in the first quarter. Jane Street Group LLC now owns 173,614 shares of the company's stock worth $92,000 after purchasing an additional 48,616 shares during the period. Merk Investments LLC lifted its holdings in Americas Gold and Silver by 2,486.3% in the first quarter. Merk Investments LLC now owns 71,151,028 shares of the company's stock worth $38,062,000 after purchasing an additional 68,400,000 shares during the period. Finally, Murchinson Ltd. acquired a new stake in Americas Gold and Silver in the first quarter worth about $107,000. Institutional investors and hedge funds own 13.38% of the company's stock.

Americas Gold and Silver Price Performance

Shares of NYSEAMERICAN USAS opened at $4.13 on Friday. Americas Gold and Silver Corporation has a twelve month low of $0.80 and a twelve month high of $4.48. The company has a current ratio of 1.14, a quick ratio of 1.03 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of -12.71 and a beta of 0.66. The firm has a 50-day moving average of $2.96 and a two-hundred day moving average of $2.19.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. HC Wainwright upped their price objective on shares of Americas Gold and Silver from $1.30 to $3.40 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Desjardins assumed coverage on shares of Americas Gold and Silver in a report on Friday, September 26th. They issued a "buy" rating for the company. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Americas Gold and Silver currently has an average rating of "Buy" and a consensus price target of $3.40.

Americas Gold and 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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