Americas Gold and Silver Corporation $USAS Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc lowered its stake in Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) by 51.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 116,856 shares of the company’s stock after selling 125,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Americas Gold and Silver were worth $609,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Deutsche Bank AG increased its position in shares of Americas Gold and Silver by 0.3% in the 4th quarter. Deutsche Bank AG now owns 591,646 shares of the company’s stock valued at $3,023,000 after acquiring an additional 1,867 shares during the period. Gabelli Funds LLC grew its stake in Americas Gold and Silver by 50.0% during the 3rd quarter. Gabelli Funds LLC now owns 15,000 shares of the company’s stock valued at $56,000 after purchasing an additional 5,000 shares during the last quarter. Stone House Investment Management LLC grew its stake in Americas Gold and Silver by 130.2% during the 4th quarter. Stone House Investment Management LLC now owns 9,256 shares of the company’s stock valued at $47,000 after purchasing an additional 5,236 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in Americas Gold and Silver by 22.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 47,863 shares of the company’s stock valued at $249,000 after purchasing an additional 8,636 shares during the last quarter. Finally, Truist Financial Corp acquired a new position in shares of Americas Gold and Silver in the fourth quarter valued at about $51,000. 13.38% of the stock is currently owned by institutional investors and hedge funds.

Americas Gold and Silver Price Performance

NYSEAMERICAN:USAS opened at $4.89 on Monday. Americas Gold and Silver Corporation has a one year low of $2.11 and a one year high of $10.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.54 and a current ratio of 1.68. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of -22.23 and a beta of 0.91. The firm’s fifty day moving average is $5.67 and its two-hundred day moving average is $6.40.

Analyst Upgrades and Downgrades

A number of research firms recently commented on USAS. HC Wainwright reaffirmed a “buy” rating and set a $9.75 target price on shares of Americas Gold and Silver in a report on Friday, April 17th. BMO Capital Markets reiterated an “outperform” rating on shares of Americas Gold and Silver in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Americas Gold and Silver presently has an average rating of “Buy” and a consensus target price of $9.75.

Americas Gold and Silver Profile

Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver and gold assets in North America. The company’s core operations center on the Cosalá district in Sinaloa, Mexico and the Relief Canyon mine in Nevada, where it pursues both open-pit and underground mining techniques. In addition to these producing mines, Americas Gold and Silver maintains an exploration portfolio designed to support future growth and reserve replacement.

The Cosalá operation comprises multiple silver-gold deposits accessed via ramp and portal infrastructure.