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

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

Americas Silver Stock Performance

Shares of Americas Silver stock traded up C$0.51 on Wednesday, reaching C$6.68. 1,726,767 shares of the stock were exchanged, compared to its average volume of 1,732,087. 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 current ratio of 1.69, a quick ratio of 0.19 and a debt-to-equity ratio of 24.66. The business has a fifty day moving average price of C$6.69 and a two-hundred day moving average price of C$8.53. The firm has a market capitalization of C$2.25 billion, a PE ratio of -30.36 and a beta of 2.91.

Americas Silver (TSE:USA) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.08 earnings per share (EPS) for the quarter. The firm 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%. As a group, research analysts anticipate that Americas Silver Corp will post -0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. TD cut their target price on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating for the company in a research note on Monday, June 29th. Desjardins set a C$16.00 price target on Americas Silver and gave the company a “buy” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat, Americas Silver currently has an average rating of “Buy” and a consensus target price 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.