Analysts Set Expectations for Americas Silver Corp’s Q1 2022 Earnings (NYSEAMERICAN:USAS)

Americas Silver Corp (NYSEAMERICAN:USAS – Get Rating) – Equities researchers at Desjardins issued their Q1 2022 EPS estimates for shares of Americas Silver in a research note issued to investors on Thursday, April 21st. Desjardins analyst J. Egilo forecasts that the company will earn $0.01 per share for the quarter.

A number of other brokerages also recently commented on USAS. Zacks Investment Research downgraded Americas Silver from a “hold” rating to a “sell” rating in a research note on Friday, February 11th. HC Wainwright reduced their price objective on Americas Silver from $2.75 to $2.25 and set a “buy” rating for the company in a research report on Wednesday, February 23rd. Finally, Stifel Nicolaus dropped their target price on Americas Silver from C$1.50 to C$1.25 in a research report on Wednesday, March 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1.65.

Americas Silver stock opened at $1.04 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.52 and a quick ratio of 0.30. Americas Silver has a 12 month low of $0.68 and a 12 month high of $2.49. The firm has a market capitalization of $187.76 million, a price-to-earnings ratio of -0.90 and a beta of 1.27.

Americas Silver (NYSEAMERICAN:USAS – Get Rating) last announced its quarterly earnings data on Thursday, March 17th. The company reported ($0.18) earnings per share 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 institutional investors have recently modified their holdings of the business. Morgan Stanley boosted its holdings in Americas Silver by 69.0% during the second quarter. Morgan Stanley now owns 142,957 shares of the company’s stock worth $218,000 after buying an additional 58,352 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Americas Silver during the 2nd quarter valued at $163,000. Wells Fargo & Company MN boosted its stake in shares of Americas Silver by 36.1% during the 2nd quarter. Wells Fargo & Company MN now owns 214,734 shares of the company’s stock worth $326,000 after acquiring an additional 56,999 shares in the last quarter. Van ECK Associates Corp grew its holdings 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 worth $6,835,000 after acquiring an additional 1,546,183 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Americas Silver during the third quarter worth $399,000. Hedge funds and other institutional investors own 24.10% of the company’s stock.

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 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.

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