Americas Silver (TSE:USA) Director Shirley Eleanor In’t Veld Sells 7,132 Shares of Company Stock

Americas Silver Corp (TSE:USA) Director Shirley Eleanor In’t Veld sold 7,132 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of C$6.73, for a total transaction of C$47,998.36. Following the completion of the sale, the director directly owned 6,202 shares of the company’s stock, valued at C$41,739.46. This represents a 53.49% decrease in their ownership of the stock.

Americas Silver Stock Down 2.3%

Shares of Americas Silver stock traded down C$0.15 during midday trading on Wednesday, reaching C$6.24. 949,572 shares of the company’s stock traded hands, compared to its average volume of 1,641,896. The company has a market cap of C$2.11 billion, a price-to-earnings ratio of -34.67 and a beta of 3.20. The company’s 50 day simple moving average is C$6.83 and its 200 day simple moving average is C$7.39. The company has a debt-to-equity ratio of 18.83, a quick ratio of 0.19 and a current ratio of 1.62. Americas Silver Corp has a 52 week low of C$4.96 and a 52 week high of C$14.14.

Wall Street Analysts Forecast Growth

Separately, TD reduced their target price on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating for the company in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$12.67.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.