K.J. Harrison & Partners Inc Purchases Shares of 64,356 Americas Gold and Silver Corporation $USAS

K.J. Harrison & Partners Inc purchased a new position in Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) during the third quarter, HoldingsChannel.com reports. The fund purchased 64,356 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of Americas Gold and Silver by 273,321.1% during the fourth quarter. Bank of America Corp DE now owns 207,800 shares of the company’s stock worth $78,000 after purchasing an additional 207,724 shares during the period. NewEdge Advisors LLC bought a new position in Americas Gold and Silver during the 1st quarter valued at approximately $59,000. Jane Street Group LLC raised its position in Americas Gold and Silver by 38.9% during the 1st quarter. Jane Street Group LLC now owns 173,614 shares of the company’s stock valued at $92,000 after purchasing an additional 48,616 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Americas Gold and Silver by 75.2% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,135,900 shares of the company’s stock worth $918,000 after buying an additional 487,400 shares during the period. Finally, NewGen Equity Long Short Fund bought a new stake in shares of Americas Gold and Silver in the 2nd quarter worth approximately $25,927,000. 13.38% of the stock is owned by institutional investors.

Americas Gold and Silver Stock Performance

Shares of Americas Gold and Silver stock opened at $9.46 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.77 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $3.02 billion, a P/E ratio of -36.38 and a beta of 0.58. The business has a fifty day simple moving average of $6.98 and a two-hundred day simple moving average of $4.85. Americas Gold and Silver Corporation has a 12 month low of $0.99 and a 12 month high of $10.50.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $9.75 price target on shares of Americas Gold and Silver in a report on Thursday, January 22nd. Canaccord Genuity Group assumed coverage on shares of Americas Gold and Silver in a research note on Tuesday. They set a “buy” rating on the stock. Finally, TD Securities assumed coverage on shares of Americas Gold and Silver in a research report on Monday, February 9th. They set a “buy” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Americas Gold and Silver currently has a consensus rating of “Buy” and an average target price of $9.75.

Americas Gold and Silver Profile

Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver and gold assets in North America. The company’s core operations center on the Cosalá district in Sinaloa, Mexico and the Relief Canyon mine in Nevada, where it pursues both open-pit and underground mining techniques. In addition to these producing mines, Americas Gold and Silver maintains an exploration portfolio designed to support future growth and reserve replacement.

The Cosalá operation comprises multiple silver-gold deposits accessed via ramp and portal infrastructure.