Americas Silver Corp (NYSEAMERICAN:USAS - Free Report) - Analysts at Desjardins issued their Q1 2024 earnings per share estimates for Americas Silver in a report released on Tuesday, April 23rd. Desjardins analyst J. Egilo expects that the company will earn ($0.03) per share for the quarter. The consensus estimate for Americas Silver's current full-year earnings is ($0.07) per share.
Americas Silver (NYSEAMERICAN:USAS - Get Free Report) last issued its quarterly earnings results on Thursday, March 28th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). The firm had revenue of $25.00 million for the quarter. Americas Silver had a negative net margin of 39.21% and a negative return on equity of 38.79%.
Separately, HC Wainwright lowered their target price on shares of Americas Silver from $1.50 to $0.80 and set a "buy" rating on the stock in a report on Wednesday, January 24th.
Read Our Latest Stock Analysis on USAS
Americas Silver Price Performance
Shares of USAS stock traded up $0.02 on Friday, reaching $0.28. 832,537 shares of the company were exchanged, compared to its average volume of 1,184,803. The stock has a market capitalization of $70.24 million, a PE ratio of -1.74 and a beta of 1.35. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.38 and a quick ratio of 0.23. Americas Silver has a one year low of $0.20 and a one year high of $0.56.
Institutional Trading of Americas Silver
A number of hedge funds and other institutional investors have recently made changes to their positions in USAS. Lynwood Capital Management Inc. raised its position in Americas Silver by 22.5% during the 3rd quarter. Lynwood Capital Management Inc. now owns 10,151,000 shares of the company's stock valued at $3,624,000 after purchasing an additional 1,863,500 shares during the last quarter. WealthTrust Axiom LLC raised its position in shares of Americas Silver by 2.7% in the 3rd quarter. WealthTrust Axiom LLC now owns 1,827,519 shares of the company's stock worth $651,000 after acquiring an additional 48,009 shares in the last quarter. Rathbones Group PLC bought a new position in shares of Americas Silver in the 3rd quarter worth approximately $42,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Americas Silver by 2.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,145,720 shares of the company's stock worth $1,846,000 after acquiring an additional 117,214 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Americas Silver by 8.5% in the 4th quarter. Van ECK Associates Corp now owns 11,179,533 shares of the company's stock worth $2,840,000 after acquiring an additional 880,213 shares in the last quarter. 13.38% of the stock is currently owned by institutional investors.
About Americas Silver
(
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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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