Research Analysts Set Expectations for Americas Silver Corp’s FY2022 Earnings (NYSEAMERICAN:USAS)

Americas Silver Corp (NYSEAMERICAN:USASGet Rating) – Equities research analysts at Cormark upped their FY2022 earnings per share (EPS) estimates for Americas Silver in a report released on Wednesday, April 20th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.11 per share for the year, up from their prior forecast of $0.06.

A number of other research firms also recently weighed in on USAS. Stifel Nicolaus decreased their target price on shares of Americas Silver from C$1.50 to C$1.25 in a research report on Wednesday, March 23rd. Zacks Investment Research downgraded shares of Americas Silver from a “hold” rating to a “sell” rating in a research report on Friday, February 11th. Finally, HC Wainwright decreased their target price on shares of Americas Silver from $2.75 to $2.25 and set a “buy” rating for the company in a research report on Wednesday, February 23rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Americas Silver has an average rating of “Hold” and an average target price of $1.65.

Shares of USAS stock opened at $1.06 on Thursday. The company has a quick ratio of 0.30, a current ratio of 0.52 and a debt-to-equity ratio of 0.08. Americas Silver has a 12-month low of $0.68 and a 12-month high of $2.49. The firm has a market cap of $191.38 million, a PE ratio of -0.91 and a beta of 1.27.

Americas Silver (NYSEAMERICAN:USASGet Rating) last issued its earnings results on Thursday, March 17th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.14). Americas Silver had a negative net margin of 354.41% and a negative return on equity of 67.93%.

A number of hedge funds and other institutional investors have recently bought and sold shares of USAS. Renaissance Technologies LLC acquired a new position in shares of Americas Silver in the 3rd quarter valued at approximately $399,000. Van ECK Associates Corp raised its position in shares of Americas Silver by 22.0% in the 3rd quarter. Van ECK Associates Corp now owns 8,577,259 shares of the company’s stock valued at $6,835,000 after buying an additional 1,546,183 shares in the last quarter. K.J. Harrison & Partners Inc raised its position in shares of Americas Silver by 385.8% in the 4th quarter. K.J. Harrison & Partners Inc now owns 173,900 shares of the company’s stock valued at $140,000 after buying an additional 138,100 shares in the last quarter. National Asset Management Inc. raised its position in shares of Americas Silver by 220.0% in the 3rd quarter. National Asset Management Inc. now owns 112,000 shares of the company’s stock valued at $90,000 after buying an additional 77,000 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Americas Silver in the 4th quarter valued at approximately $151,000. 24.10% of the stock is owned by hedge funds and other institutional investors.

About Americas Silver (Get Rating)

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 Cosal√° 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.

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Earnings History and Estimates for Americas Silver (NYSEAMERICAN:USAS)

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