Americas Gold and Silver Corporation (USAS) – What Are Investment Firms Saying About This Stock?

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $9.25.

A number of research firms have recently weighed in on USAS. HC Wainwright reiterated a “buy” rating and set a $9.25 price target on shares of Americas Gold and Silver in a report on Tuesday, October 20th. Stifel Nicolaus assumed coverage on Americas Gold and Silver in a research report on Wednesday, October 14th. They set a “buy” rating for the company. National Bank Financial began coverage on shares of Americas Gold and Silver in a report on Thursday, October 8th. They issued an “outperform” rating on the stock. Finally, Zacks Research lowered shares of Americas Gold and Silver from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 20th.

Americas Gold and Silver Stock Performance

Shares of Americas Gold and Silver stock opened at $3.09 on Monday. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -16.26 and a beta of 0.98. Americas Gold and Silver has a fifty-two week low of $2.67 and a fifty-two week high of $10.50. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.41 and a current ratio of 1.62. The stock has a 50 day moving average of $4.25 and a 200 day moving average of $5.61.

Institutional Investors Weigh In On Americas Gold and Silver

Institutional investors have recently made changes to their positions in the stock. Alps Advisors Inc. acquired a new position in shares of Americas Gold and Silver in the 3rd quarter worth approximately $27,261,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Americas Gold and Silver by 554.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,501,488 shares of the company’s stock worth $23,498,000 after purchasing an additional 3,813,582 shares during the period. U S Global Investors Inc. purchased a new position in shares of Americas Gold and Silver during the 3rd quarter worth approximately $11,397,000. Gabelli Funds LLC increased its holdings in Americas Gold and Silver by 14,000.0% in the 1st quarter. Gabelli Funds LLC now owns 2,115,000 shares of the company’s stock valued at $11,040,000 after purchasing an additional 2,100,000 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Americas Gold and Silver by 16.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,736,192 shares of the company’s stock valued at $9,043,000 after purchasing an additional 248,877 shares during the last quarter. 13.38% of the stock is currently owned by institutional investors and hedge funds.

About Americas Gold and Silver

Americas Gold and Silver Corporation is a precious metals mining company focused primarily on the exploration, development and production of silver, with additional exposure to zinc, lead and gold. The company owns and operates mining and processing assets in North America.

The company’s principal producing assets include the Galena Complex in Idaho, which is an underground silver-lead mining operation, and the Cosalá Operations in Sinaloa, Mexico. The Cosalá complex includes the San Rafael mine and associated processing infrastructure.