Americas Silver (TSE:USA) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Americas Silver Corp (TSE:USA)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.25 and traded as high as C$1.27. Americas Silver shares last traded at C$1.22, with a volume of 969,543 shares.

Americas Silver Stock Down 0.8%

The firm has a market cap of C$513.18 million, a price-to-earnings ratio of -5.04 and a beta of 1.56. The company has a debt-to-equity ratio of 77.75, a current ratio of 0.42 and a quick ratio of 0.19. The stock has a 50-day moving average of C$1.25 and a 200-day moving average of C$0.96.

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.