Research Analysts Issue Forecasts for Americas Silver Corp’s Q1 2024 Earnings (TSE:USA)

Americas Silver Corp (TSE:USA) – Analysts at Cormark cut their Q1 2024 earnings estimates for shares of Americas Silver in a research report issued on Monday, April 22nd. Cormark analyst R. Gray now anticipates that the company will post earnings per share of ($0.05) for the quarter, down from their prior estimate of ($0.03). The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share.

Americas Silver Trading Down 5.4 %

Shares of USA stock opened at C$0.35 on Wednesday. The stock’s fifty day moving average is C$0.32 and its two-hundred day moving average is C$0.33. The company has a debt-to-equity ratio of 23.51, a quick ratio of 0.19 and a current ratio of 0.43. The firm has a market capitalization of C$75.98 million, a P/E ratio of -1.52 and a beta of 1.51. Americas Silver has a fifty-two week low of C$0.28 and a fifty-two week high of C$0.76.

Americas Silver (TSE:USA) last released its quarterly earnings results on Thursday, March 28th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). Americas Silver had a negative net margin of 42.97% and a negative return on equity of 41.38%. The company had revenue of C$34.04 million during the quarter.

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.