Americas Silver (TSE:USA) Stock Rating Upgraded by TD Securities

Americas Silver (TSE:USA) was upgraded by equities research analysts at TD Securities to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Haywood Securities boosted their price target on Americas Silver from C$7.75 to C$9.00 in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, Americas Silver presently has an average rating of “Strong Buy” and an average price target of C$8.25.

Americas Silver Stock Up 3.2%

TSE:USA opened at C$11.21 on Tuesday. The stock has a market cap of C$3.56 billion, a price-to-earnings ratio of -40.76 and a beta of 2.56. 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 50-day moving average price of C$8.66 and a two-hundred day moving average price of C$5.80. Americas Silver has a 1 year low of C$1.40 and a 1 year high of C$14.14.

Americas Silver (TSE:USA) last issued its quarterly earnings data on Monday, November 10th. The company reported C($0.06) earnings per share (EPS) for the quarter. The business had revenue of C$42.60 million during the quarter. Americas Silver had a negative net margin of 44.59% and a negative return on equity of 95.25%. As a group, equities analysts expect that Americas Silver will post -0.08 earnings per share for the current year.

Insider Activity at Americas Silver

In other news, insider Warren Varga sold 50,000 shares of the business’s stock in a transaction dated 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 transaction, the insider directly owned 50,610 shares in the company, valued at C$407,410.50. The trade was a 49.70% decrease in their position. 0.86% of the stock is currently owned by company 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.