Americas Gold and Silver (NYSEAMERICAN:USAS) Stock Keeps “Buy” Rating at HC Wainwright

Americas Gold and Silver (NYSEAMERICAN:USAS)‘s stock had its “buy” rating restated by analysts at HC Wainwright in a research note issued on Tuesday, Benzinga reports. They currently have a $9.25 price target on the stock. HC Wainwright‘s price objective points to a potential upside of 156.23% from the company’s previous close.

A number of other research analysts have also recently issued reports on the company. National Bank Financial initiated coverage on Americas Gold and Silver in a report on Thursday, October 8th. They set an “outperform” rating for the company. Stifel Nicolaus began coverage on shares of Americas Gold and Silver in a report on Wednesday, October 14th. They issued a “buy” rating on the stock. Finally, Zacks Research upgraded shares of Americas Gold and Silver from a “strong sell” rating to a “hold” rating in a research report on Monday, September 21st. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $9.25.

Americas Gold and Silver Price Performance

USAS stock traded down $0.16 during trading on Tuesday, hitting $3.61. The company had a trading volume of 3,695,733 shares, compared to its average volume of 5,397,167. The company has a fifty day moving average price of $4.87 and a two-hundred day moving average price of $5.14. Americas Gold and Silver has a fifty-two week low of $3.52 and a fifty-two week high of $10.50. The company has a market cap of $1.22 billion, a P/E ratio of -19.00 and a beta of 0.96. The company has a current ratio of 1.62, a quick ratio of 1.41 and a debt-to-equity ratio of 0.15.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. AA Financial Advisors LLC acquired a new stake in Americas Gold and Silver during the 3rd quarter valued at $252,000. TD Waterhouse Canada Inc. acquired a new position in Americas Gold and Silver in the third quarter worth $166,000. SLT Holdings LLC acquired a new position in Americas Gold and Silver in the third quarter worth $123,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Americas Gold and Silver during the third quarter worth $51,000. Finally, Montrusco Bolton Investments Inc. bought a new stake in shares of Americas Gold and Silver during the third quarter worth $2,914,000. 13.38% of the stock is owned by institutional investors and hedge funds.

About Americas Gold and Silver

Americas Gold and Silver Corporation is a precious metals mining company focused on the acquisition, development, and operation of mineral properties in North America. Its production and exploration activities are primarily centered on silver, with additional exposure to lead, zinc, and other associated metals.

The company’s principal assets include the Cosalá Operations in Sinaloa, Mexico, and the Galena Complex in Idaho. The Cosalá Operations include the San Rafael mine and related processing and infrastructure, while the Galena Complex is an underground silver-lead mining operation.