Americas Silver Corp (TSE:USA) Receives C$1.84 Average Target Price from Brokerages

Shares of Americas Silver Corp (TSE:USA) have been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$1.84.

USA has been the subject of a number of research reports. Stifel Nicolaus upgraded Americas Silver to a “hold” rating and set a C$1.20 price objective for the company in a report on Tuesday, November 16th. Laurentian cut Americas Silver from a “buy” rating to a “hold” rating and cut their price objective for the stock from C$3.00 to C$1.30 in a report on Tuesday, August 17th. Laurentian Bank of Canada upped their price objective on Americas Silver to C$1.30 and gave the stock a “hold” rating in a report on Tuesday, August 17th. Finally, Roth Capital reiterated a “buy” rating on shares of Americas Silver in a report on Wednesday, November 17th.

Americas Silver stock traded down C$0.02 during midday trading on Thursday, hitting C$1.14. 23,030 shares of the company’s stock were exchanged, compared to its average volume of 349,969. The stock has a 50-day moving average price of C$1.11 and a two-hundred day moving average price of C$1.55. Americas Silver has a 52-week low of C$0.85 and a 52-week high of C$4.40. The company has a debt-to-equity ratio of 17.52, a quick ratio of 0.20 and a current ratio of 0.74. The company has a market cap of C$187.40 million and a P/E ratio of -0.89.

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.

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Analyst Recommendations for Americas Silver (TSE:USA)

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