Americas Gold and Silver (NYSEAMERICAN:USAS - Free Report) had its target price boosted by HC Wainwright from $1.00 to $1.30 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.
Americas Gold and Silver Trading Up 8.1%
Shares of NYSEAMERICAN:USAS traded up $0.07 during trading on Thursday, hitting $0.99. The stock had a trading volume of 2,902,628 shares, compared to its average volume of 1,228,484. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.10. Americas Gold and Silver has a 12-month low of $0.21 and a 12-month high of $1.00. The business's 50-day moving average price is $0.72.
Institutional Trading of Americas Gold and Silver
Hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC purchased a new position in shares of Americas Gold and Silver during the 4th quarter worth approximately $47,000. American Century Companies Inc. purchased a new position in shares of Americas Gold and Silver during the fourth quarter worth $73,000. JPMorgan Chase & Co. acquired a new stake in shares of Americas Gold and Silver in the fourth quarter valued at $94,000. Renaissance Technologies LLC raised its holdings in shares of Americas Gold and Silver by 20.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,216,200 shares of the company's stock valued at $457,000 after buying an additional 202,600 shares during the period. Finally, NewGen Asset Management Ltd acquired a new position in Americas Gold and Silver during the 4th quarter worth about $2,206,000. Institutional investors and hedge funds own 13.38% of the company's stock.
Americas Gold and Silver Company Profile
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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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