Americas Silver (TSE:USA) Reaches New 12-Month High – Here’s Why

Americas Silver Corp (TSE:USA) shares reached a new 52-week high on Thursday . The company traded as high as C$0.78 and last traded at C$0.75, with a volume of 1065708 shares changing hands. The stock had previously closed at C$0.76.

Analyst Upgrades and Downgrades

Separately, Cormark raised shares of Americas Silver to a “moderate buy” rating in a report on Thursday, January 23rd.

Americas Silver Trading Down 1.3 %

The firm has a fifty day simple moving average of C$0.60 and a 200-day simple moving average of C$0.50. The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19. The firm has a market cap of C$197.79 million, a P/E ratio of -3.41 and a beta of 1.56.

Americas Silver (TSE:USA) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($0.07) earnings per share (EPS) for the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. On average, equities research analysts expect that Americas Silver Corp will post -0.08 earnings per share for the current year.

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.