Americas Silver (TSE:USA) Given a C$10.00 Price Target by BMO Capital Markets Analysts

BMO Capital Markets set a C$10.00 price target on Americas Silver (TSE:USA) in a research report sent to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities analysts also recently issued reports on USA. Canaccord Genuity Group set a C$17.00 price target on shares of Americas Silver and gave the company a “buy” rating in a report on Tuesday, February 24th. TD Securities raised shares of Americas Silver to a “strong-buy” rating in a report on Tuesday, February 10th. Finally, Haywood Securities lifted their price objective on shares of Americas Silver from C$7.75 to C$9.00 in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$10.00.

Americas Silver Trading Up 7.3%

Shares of TSE USA opened at C$7.79 on Wednesday. The company has a market cap of C$2.48 billion, a price-to-earnings ratio of -28.33 and a beta of 2.26. Americas Silver has a 12-month low of C$1.40 and a 12-month high of C$14.14. The company has a current ratio of 0.91, a quick ratio of 0.19 and a debt-to-equity ratio of 100.82. The stock’s 50 day simple moving average is C$10.43 and its 200 day simple moving average is C$7.77.

Americas Silver (TSE:USA) last released its quarterly earnings data on Monday, March 30th. The company reported C($0.19) earnings per share (EPS) for the quarter. Americas Silver had a negative net margin of 56.18% and a negative return on equity of 113.86%. The company had revenue of C$48.99 million for the quarter. Equities research analysts expect that Americas Silver will post -0.08 EPS for the current year.

Insiders Place Their Bets

In other Americas Silver news, Director Scott Mckee Hand sold 125,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of C$10.96, for a total transaction of C$1,370,000.00. Following the completion of the transaction, the director owned 593,352 shares in the company, valued at approximately C$6,503,137.92. The trade was a 17.40% decrease in their position. 0.86% of the stock is owned by insiders.

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