Free Trial

HC Wainwright Forecasts Strong Price Appreciation for Americas Gold and Silver (NYSEAMERICAN:USAS) Stock

Americas Gold and Silver logo with Basic Materials background

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

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Americas Gold and Silver Right Now?

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

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines