Americas Silver Corp (TSE:USA) Stock Has Average Price Target of C$12.67

Americas Silver Corp (TSE:USA) has been assigned an average recommendation of “Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$12.57.

Several brokerages have recently issued reports on USA. Stifel Nicolaus set a C$12.00 price objective on Americas Silver and gave the company a “buy” rating in a research report on Wednesday, October 14th. TD decreased their price objective on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Finally, National Bank Financial upgraded Americas Silver to a “strong-buy” rating in a research report on Thursday, October 8th.

Insider Transactions at Americas Silver

In other Americas Silver news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$6.73, for a total value of C$47,998.36. Following the transaction, the director directly owned 6,202 shares in the company, valued at approximately C$41,739.46. This represents a 53.49% decrease in their position. Company insiders own 0.86% of the company’s stock.

Americas Silver Price Performance

USA stock opened at C$5.33 on Tuesday. The stock’s 50 day moving average price is C$6.81 and its 200 day moving average price is C$7.18. The firm has a market cap of C$1.80 billion, a P/E ratio of -29.61 and a beta of 3.17. The company has a debt-to-equity ratio of 18.83, a quick ratio of 0.19 and a current ratio of 1.62. Americas Silver has a 1 year low of C$4.96 and a 1 year high of C$14.14.

About Americas Silver

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.