Americas Silver (TSE:USA) Given a C$13.00 Price Target by TD Securities Analysts

Americas Silver (TSE:USA) received a C$13.00 target price from research analysts at TD Securities in a note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 20.26% from the stock’s current price.

Separately, Haywood Securities raised their price objective on Americas Silver from C$7.75 to C$9.00 in a research note on Thursday, December 18th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$8.25.

Americas Silver Stock Performance

TSE:USA traded up C$1.07 during mid-day trading on Monday, reaching C$10.81. The company’s stock had a trading volume of 1,248,859 shares, compared to its average volume of 1,823,504. The company has a current ratio of 0.42, a quick ratio of 0.19 and a debt-to-equity ratio of 77.75. The stock has a market cap of C$3.44 billion, a P/E ratio of -39.31 and a beta of 2.56. The firm’s fifty day moving average price is C$8.47 and its two-hundred day moving average price is C$5.67. Americas Silver has a 12-month low of C$1.40 and a 12-month high of C$14.14.

Americas Silver (TSE:USA) last announced its quarterly earnings results on Monday, November 10th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$42.60 million during the quarter. Americas Silver had a negative return on equity of 95.25% and a negative net margin of 44.59%. On average, equities analysts forecast that Americas Silver will post -0.08 EPS for the current fiscal year.

Insider Transactions at Americas Silver

In other Americas Silver news, insider Warren Varga sold 50,000 shares of Americas Silver stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$8.05, for a total transaction of C$402,500.00. Following the completion of the transaction, the insider directly owned 50,610 shares of the company’s stock, valued at C$407,410.50. The trade was a 49.70% decrease in their ownership of the stock. 0.86% of the stock is currently owned by corporate insiders.

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.