Americas Silver (TSE:USA) Given a C$13.00 Price Target at TD Securities

TD Securities set a C$13.00 target price on Americas Silver (TSE:USA) in a report published on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Haywood Securities increased their target price on Americas Silver from C$7.75 to C$9.00 in a report on Thursday, December 18th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Americas Silver has a consensus rating of “Buy” and an average target price of C$8.25.

Americas Silver Stock Performance

Shares of USA opened at C$10.86 on Monday. Americas Silver has a one year low of C$1.40 and a one year high of C$14.14. The company has a market cap of C$3.45 billion, a PE ratio of -39.49 and a beta of 2.56. The stock has a 50-day moving average of C$8.56 and a 200-day moving average of C$5.74. The company has a debt-to-equity ratio of 77.75, a current ratio of 0.42 and a quick ratio of 0.19.

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

Insiders Place Their Bets

In other Americas Silver news, insider Warren Varga sold 50,000 shares of Americas Silver stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$8.05, for a total transaction of C$402,500.00. Following the transaction, the insider directly owned 50,610 shares of the company’s stock, valued at C$407,410.50. The trade was a 49.70% decrease in their position. Company insiders own 0.86% of the company’s stock.

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.