Americas Silver Corp (TSE:USA) Receives Average Rating of “Hold” from Brokerages

Americas Silver Corp (TSE:USA) has received a consensus recommendation of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$1.92.

Several research analysts recently commented on USA shares. Stifel Nicolaus raised shares of Americas Silver to a “hold” rating and set a C$1.20 price objective for the company in a report on Tuesday, November 16th. HC Wainwright reaffirmed a “buy” rating and issued a C$2.80 price objective on shares of Americas Silver in a report on Thursday, December 2nd. Desjardins reissued a “hold” rating on shares of Americas Silver in a report on Thursday, November 25th. Finally, Roth Capital reissued a “buy” rating on shares of Americas Silver in a report on Wednesday, November 17th.

Shares of USA stock remained flat at $C$1.02 during trading hours on Friday. 98,252 shares of the stock traded hands, compared to its average volume of 155,401. The company’s 50-day moving average price is C$1.09 and its two-hundred day moving average price is C$1.27. The firm has a market cap of C$167.67 million and a PE ratio of -0.79. Americas Silver has a 12 month low of C$0.85 and a 12 month high of C$4.03. The company has a debt-to-equity ratio of 17.52, a current ratio of 0.74 and a quick ratio of 0.20.

Americas Silver (TSE:USA) last released its quarterly earnings data on Monday, November 15th. The company reported C($0.16) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.08) by C($0.08). The company had revenue of C$13.67 million for the quarter, compared to the consensus estimate of C$22.25 million. Research analysts forecast that Americas Silver will post 0.03 EPS for the current fiscal year.

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.

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Analyst Recommendations for Americas Silver (TSE:USA)

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