Americas Silver Corp (NYSEAMERICAN:USAS) Short Interest Update

Americas Silver Corp (NYSEAMERICAN:USAS) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 291,700 shares, a decrease of 23.0% from the December 31st total of 378,600 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Americas Silver

Several large investors have recently modified their holdings of USAS. Alpha Cubed Investments LLC bought a new position in shares of Americas Silver during the 4th quarter worth $274,000. XTX Topco Ltd bought a new position in shares of Americas Silver in the third quarter worth $26,000. The Manufacturers Life Insurance Company purchased a new position in shares of Americas Silver in the third quarter valued at $631,000. Hollencrest Capital Management grew its position in shares of Americas Silver by 34.4% in the third quarter. Hollencrest Capital Management now owns 1,217,076 shares of the company’s stock valued at $372,000 after purchasing an additional 311,648 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of Americas Silver by 2,806.1% in the second quarter. Renaissance Technologies LLC now owns 1,194,900 shares of the company’s stock valued at $286,000 after purchasing an additional 1,153,783 shares in the last quarter. Hedge funds and other institutional investors own 13.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on USAS. HC Wainwright restated a “buy” rating and issued a $0.80 price target on shares of Americas Silver in a research note on Thursday, October 10th. Cormark raised Americas Silver to a “moderate buy” rating in a report on Thursday, January 23rd.

Americas Silver Stock Performance

Americas Silver stock traded down $0.00 during midday trading on Friday, reaching $0.51. The stock had a trading volume of 443,264 shares, compared to its average volume of 642,481. Americas Silver has a 12 month low of $0.20 and a 12 month high of $0.54. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.42 and a quick ratio of 0.28. The firm has a market capitalization of $125.86 million, a price-to-earnings ratio of -2.82 and a beta of 1.17.

Americas Silver (NYSEAMERICAN:USAS) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The company had revenue of $21.02 million during the quarter. Americas Silver had a negative return on equity of 67.24% and a negative net margin of 44.76%. On average, research analysts anticipate that Americas Silver will post -0.11 earnings per share for the current fiscal year.

About Americas Silver

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.