TD Securities Analysts Give Americas Silver (TSE:USA) a C$13.00 Price Target

TD Securities set a C$13.00 price target on Americas Silver (TSE:USA) in a research report sent to investors on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Haywood Securities lifted their target price on Americas Silver from C$7.75 to C$9.00 in a research note on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy” and an average price target of C$8.25.

Americas Silver Stock Performance

USA stock opened at C$10.92 on Monday. The stock’s 50 day simple moving average is C$8.75 and its 200 day simple moving average is C$5.84. Americas Silver has a 12-month low of C$1.40 and a 12-month high of C$14.14. The firm has a market cap of C$3.47 billion, a P/E ratio of -39.71 and a beta of 2.56. The company has a current ratio of 0.42, a quick ratio of 0.19 and a debt-to-equity ratio of 77.75.

Americas Silver (TSE:USA) last released its quarterly earnings data on Monday, November 10th. The company reported C($0.06) EPS for the quarter. The business had revenue of C$42.60 million during the quarter. Americas Silver had a negative return on equity of 95.25% and a negative net margin of 44.59%. As a group, equities research analysts predict that Americas Silver will post -0.08 EPS for the current year.

Insider Transactions at Americas Silver

In other news, insider Warren Varga sold 50,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$8.05, for a total value of C$402,500.00. Following the completion of the transaction, the insider owned 50,610 shares of the company’s stock, valued at approximately C$407,410.50. This represents a 49.70% decrease in their ownership of the stock. Company insiders own 0.86% of the company’s stock.

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.