Peter James Goudie Buys 2,000 Shares of Americas Silver (TSE:USA) Stock

Americas Silver Corp (TSE:USA) Director Peter James Goudie bought 2,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of C$5.82 per share, with a total value of C$11,640.00. Following the completion of the transaction, the director owned 738,352 shares in the company, valued at approximately C$4,297,208.64. This trade represents a 0.27% increase in their position.

Americas Silver Price Performance

Shares of TSE USA opened at C$6.55 on Friday. Americas Silver Corp has a 1 year low of C$3.03 and a 1 year high of C$14.14. The company has a debt-to-equity ratio of 24.66, a current ratio of 1.69 and a quick ratio of 0.19. The company’s 50-day moving average is C$6.63 and its 200 day moving average is C$8.50. The stock has a market capitalization of C$2.21 billion, a P/E ratio of -29.77 and a beta of 2.87.

Americas Silver (TSE:USA) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.08 earnings per share (EPS) for the quarter. The company had revenue of C$94.26 million during the quarter. Americas Silver had a negative net margin of 36.39% and a negative return on equity of 41.43%. On average, sell-side analysts expect that Americas Silver Corp will post -0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on USA shares. Desjardins set a C$16.00 price target on Americas Silver and gave the company a “buy” rating in a research report on Thursday, April 23rd. TD decreased their price objective on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating for the company in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat.com, Americas Silver has a consensus rating of “Buy” and a consensus price target of C$11.57.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.