The Manufacturers Life Insurance Company raised its holdings in Americas Gold and Silver Corporation (NYSEAMERICAN:USAS - Free Report) by 16.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,736,192 shares of the company's stock after purchasing an additional 248,877 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.53% of Americas Gold and Silver worth $9,043,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. State of Wyoming acquired a new stake in shares of Americas Gold and Silver in the first quarter valued at $43,000. Stone House Investment Management LLC lifted its position in Americas Gold and Silver by 130.2% during the 4th quarter. Stone House Investment Management LLC now owns 9,256 shares of the company's stock worth $47,000 after buying an additional 5,236 shares in the last quarter. Truist Financial Corp acquired a new position in Americas Gold and Silver during the 4th quarter worth about $51,000. Leonteq Securities AG bought a new stake in Americas Gold and Silver during the 1st quarter worth about $56,000. Finally, Commonwealth Equity Services LLC bought a new stake in Americas Gold and Silver during the 4th quarter worth about $67,000. Institutional investors and hedge funds own 13.38% of the company's stock.
Americas Gold and Silver Stock Performance
Shares of NYSEAMERICAN:USAS opened at $4.09 on Tuesday. The stock has a market capitalization of $1.38 billion, a P/E ratio of -18.59 and a beta of 0.95. Americas Gold and Silver Corporation has a 1-year low of $2.18 and a 1-year high of $10.50. The company has a current ratio of 1.68, a quick ratio of 1.54 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $4.80 and a two-hundred day moving average price of $6.18.
Analyst Upgrades and Downgrades
USAS has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Americas Gold and Silver in a research note on Tuesday, May 19th. HC Wainwright reissued a "buy" rating and set a $9.75 price target on shares of Americas Gold and Silver in a research note on Friday, April 17th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $9.75.
Read Our Latest Report on Americas Gold and Silver
Americas Gold and Silver Company Profile
(
Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Americas Gold and Silver, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Americas Gold and Silver wasn't on the list.
While Americas Gold and Silver currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
