Scott Mckee Hand Sells 125,000 Shares of Americas Silver (TSE:USA) Stock

Americas Silver Corp (TSE:USA) Director Scott Mckee Hand sold 125,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of C$10.96, for a total value of C$1,370,000.00. Following the completion of the sale, the director owned 593,352 shares in the company, valued at C$6,503,137.92. This trade represents a 17.40% decrease in their ownership of the stock.

Americas Silver Stock Up 4.3%

Shares of TSE USA opened at C$10.17 on Friday. The business has a fifty day moving average of C$8.90 and a two-hundred day moving average of C$5.96. The company has a debt-to-equity ratio of 77.75, a quick ratio of 0.19 and a current ratio of 0.42. Americas Silver Corp has a 52-week low of C$1.40 and a 52-week high of C$14.14. The stock has a market cap of C$3.23 billion, a PE ratio of -36.98 and a beta of 2.56.

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

Analysts Set New Price Targets

USA has been the subject of a number of research reports. Haywood Securities raised their price target on shares of Americas Silver from C$7.75 to C$9.00 in a report on Thursday, December 18th. TD Securities upgraded Americas Silver to a “strong-buy” rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Strong Buy” and a consensus target price of C$8.25.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.