Americas Gold and Silver (NYSEAMERICAN:USAS) Stock Rating Lowered by Zacks Research

Americas Gold and Silver (NYSEAMERICAN:USAS) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

Other equities research analysts also recently issued research reports about the stock. National Bank Financial began coverage on shares of Americas Gold and Silver in a research report on Thursday, October 8th. They set an “outperform” rating for the company. Stifel Nicolaus began coverage on Americas Gold and Silver in a research note on Wednesday, October 14th. They issued a “buy” rating for the company. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $9.25 target price on shares of Americas Gold and Silver in a report on Tuesday. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Americas Gold and Silver presently has a consensus rating of “Moderate Buy” and an average target price of $9.25.

Americas Gold and Silver Stock Down 0.3%

Shares of USAS stock opened at $3.60 on Tuesday. Americas Gold and Silver has a 12 month low of $3.51 and a 12 month high of $10.50. The stock has a market cap of $1.22 billion, a P/E ratio of -18.95 and a beta of 0.96. The company has a current ratio of 1.62, a quick ratio of 1.41 and a debt-to-equity ratio of 0.15. The company has a 50 day simple moving average of $4.81 and a two-hundred day simple moving average of $5.12.

Institutional Investors Weigh In On Americas Gold and Silver

Several institutional investors and hedge funds have recently modified their holdings of USAS. Farther Finance Advisors LLC bought a new position in shares of Americas Gold and Silver during the third quarter worth $29,000. State of Wyoming bought a new stake in Americas Gold and Silver in the 1st quarter valued at $43,000. NewEdge Advisors LLC bought a new stake in Americas Gold and Silver in the 1st quarter valued at $46,000. B. Riley Wealth Advisors Inc. purchased a new stake in Americas Gold and Silver in the 3rd quarter worth $51,000. Finally, Leonteq Securities AG purchased a new stake in Americas Gold and Silver in the 1st quarter worth $56,000. Institutional investors own 13.38% of the company’s stock.

Americas Gold and Silver Company Profile

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.