Zacks Investment Research downgraded shares of Americas Silver Co. (NYSEAMERICAN:USAS) from a buy rating to a hold rating in a research note issued to investors on Friday morning.

According to Zacks, “Americas Silver Corporation is a silver mining company. It primarily owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Mine Complex in Idaho, USA. Americas Silver Corporation is based in TORONTO,ONTARIO. “

Separately, HC Wainwright reissued a buy rating and issued a $5.00 price objective on shares of Americas Silver in a research report on Wednesday, October 4th.

Shares of Americas Silver (NYSEAMERICAN:USAS) opened at $3.76 on Friday. Americas Silver has a 12-month low of $2.03 and a 12-month high of $5.04.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. ETF Managers Group LLC acquired a new position in shares of Americas Silver in the second quarter valued at $1,743,000. Global X Management Co. LLC acquired a new position in shares of Americas Silver in the second quarter valued at $1,303,000. Hillsdale Investment Management Inc. raised its stake in shares of Americas Silver by 268.2% in the third quarter. Hillsdale Investment Management Inc. now owns 301,900 shares of the company’s stock valued at $1,244,000 after purchasing an additional 219,900 shares in the last quarter. WealthTrust Axiom LLC raised its stake in shares of Americas Silver by 16.0% in the second quarter. WealthTrust Axiom LLC now owns 452,758 shares of the company’s stock valued at $1,285,000 after purchasing an additional 62,418 shares in the last quarter. Finally, Global X MANAGEMENT CO LLC raised its stake in shares of Americas Silver by 8.3% in the third quarter. Global X MANAGEMENT CO LLC now owns 491,279 shares of the company’s stock valued at $2,019,000 after purchasing an additional 37,685 shares in the last quarter.

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