Stifel Nicolaus Analysts Give Americas Silver (TSE:USA) a C$12.00 Price Target

Stifel Nicolaus set a C$12.00 target price on Americas Silver (TSE:USA) in a research note published on Wednesday morning,BayStreet reports. The brokerage currently has a buy rating on the stock.

USA has been the subject of a number of other research reports. TD lowered their price target on shares of Americas Silver from C$12.00 to C$11.00 and set a “buy” rating for the company in a report on Monday, June 29th. National Bank Financial upgraded shares of Americas Silver to a “strong-buy” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$12.57.

Americas Silver Trading Down 2.0%

USA opened at C$5.34 on Wednesday. The company has a current ratio of 1.62, a quick ratio of 0.19 and a debt-to-equity ratio of 18.83. The stock has a market capitalization of C$1.81 billion, a PE ratio of -29.67 and a beta of 3.17. Americas Silver has a 1-year low of C$4.96 and a 1-year high of C$14.14. The firm has a 50-day moving average price of C$6.85 and a two-hundred day moving average price of C$7.19.

Insider Transactions at Americas Silver

In related news, Director Shirley Eleanor In’t Veld sold 7,132 shares of Americas Silver stock in a transaction dated Friday, September 25th. The stock was sold at an average price of C$6.73, for a total value of C$47,998.36. Following the completion of the sale, the director directly owned 6,202 shares in the company, valued at C$41,739.46. This trade represents a 53.49% decrease in their ownership of the stock. 0.86% of the stock is currently owned by corporate insiders.

Americas 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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.