Shares of Americas Gold and Silver Corporation (NYSEAMERICAN:USAS – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $9.25.
Several research firms have issued reports on USAS. HC Wainwright lowered their target price on shares of Americas Gold and Silver from $9.75 to $9.25 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Zacks Research lowered shares of Americas Gold and Silver from a “hold” rating to a “strong sell” rating in a report on Friday, August 14th.
Check Out Our Latest Analysis on Americas Gold and Silver
More Americas Gold and Silver News
- Positive Sentiment: New drilling at the Galena Complex produced exceptionally high-grade results, including 1,062 grams per tonne of silver and 0.7% copper over 1.3 meters. Additional Crescent drilling returned 1,891 g/t silver with 0.3% copper over 1.3 meters and 1,560 g/t silver with 0.3% copper over 1.1 meters. The assays came from the company’s largest exploration and resource-conversion program and may expand resources at the operating Galena Mine, restart-stage Coeur Mine and Crescent Mine. Galena Complex drill results
- Positive Sentiment: Cosalá Complex drilling delivered some of the company’s strongest grade-width combinations to date, including 654.7 g/t silver and 1.5% copper over 20.5 meters, and 409.3 g/t silver and 0.8% copper over 14.1 meters. Grades exceeding current resource models may increase confidence in resource-conversion efforts and the complex’s long-term value. Cosalá Complex drill results
- Positive Sentiment: Brokerages have set an average target price of $9.25, well above the recent trading level, signaling potential upside if exploration success translates into stronger resources, production and cash flow. Brokerage target price
- Neutral Sentiment: Unusually heavy options activity included 20,893 purchased call contracts, roughly 358% above typical volume. This indicates heightened bullish speculation but does not guarantee sustained buying or a fundamental improvement in the company’s outlook.
- Negative Sentiment: A valuation review following the fresh drill results could limit further gains if investors conclude that the exploration upside is already reflected in USAS’s market value. The discoveries still require additional drilling, resource updates and potential development spending before they can materially increase production.
Americas Gold and Silver Trading Up 2.4%
Shares of USAS opened at $5.18 on Friday. The business’s 50-day moving average price is $4.78 and its 200-day moving average price is $5.56. Americas Gold and Silver has a twelve month low of $2.79 and a twelve month high of $10.50. The stock has a market cap of $1.75 billion, a PE ratio of -27.26 and a beta of 1.04. The company has a quick ratio of 1.41, a current ratio of 1.62 and a debt-to-equity ratio of 0.15.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in Americas Gold and Silver during the 2nd quarter worth approximately $303,000. FNY Investment Advisers LLC purchased a new position in shares of Americas Gold and Silver in the second quarter worth $94,000. Rathbones Group PLC bought a new stake in Americas Gold and Silver during the 1st quarter valued at $61,000. NewEdge Advisors LLC bought a new stake in Americas Gold and Silver in the 1st quarter worth $46,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Americas Gold and Silver in the 1st quarter worth approximately $65,000. Hedge funds and other institutional investors own 13.38% of the company’s stock.
Americas Gold and Silver Company Profile
Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver, gold, lead and zinc. The company’s activities are centered on operating and advancing mineral properties in North America.
Its principal assets have included the Cosalá Operations in Sinaloa, Mexico, and the Galena Complex in Idaho. The Cosalá Operations include the San Rafael mine and associated processing and infrastructure, while the Galena Complex is an underground silver-lead-copper mining operation.
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