Key Points
- Director Scott Mckee Hand sold 125,000 shares on Feb. 11 at C$10.96 for C$1.37M, cutting his stake by 17.4% to 593,352 shares valued at about C$6.50M.
- Shares were trading up 4.3% (opened at C$10.17); the company has a market cap of C$3.23B but reported negative earnings (C($0.06) EPS last quarter), a negative net margin and a 52‑week range of C$1.40–C$14.14, indicating weak profitability despite recent price strength.
- Analyst sentiment is positive: the consensus rating is "Strong Buy" with an average price target of C$8.25, and firms like TD Securities and Haywood have recently issued upbeat notes (TD: strong-buy; Haywood raised its target to C$9.00).
Americas Silver Corp (TSE:USA - Get Free Report) Director Scott Mckee Hand sold 125,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of C$10.96, for a total value of C$1,370,000.00. Following the sale, the director owned 593,352 shares in the company, valued at approximately C$6,503,137.92. This trade represents a 17.40% decrease in their ownership of the stock.
Americas Silver Trading Up 4.3%
Shares of USA opened at C$10.17 on Friday. The company has a debt-to-equity ratio of 77.75, a quick ratio of 0.19 and a current ratio of 0.42. The company has a market cap of C$3.23 billion, a price-to-earnings ratio of -36.98 and a beta of 2.56. The stock has a fifty day moving average price of C$8.90 and a two-hundred day moving average price of C$5.93. Americas Silver Corp has a 52-week low of C$1.40 and a 52-week high of C$14.14.
Americas Silver (TSE:USA - Get Free Report) last announced its earnings results on Monday, November 10th. The company reported C($0.06) EPS for the quarter. Americas Silver had a negative return on equity of 95.25% and a negative net margin of 44.59%.The business had revenue of C$42.60 million for the quarter. Analysts predict that Americas Silver Corp will post -0.08 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on USA. Haywood Securities boosted their target price on shares of Americas Silver from C$7.75 to C$9.00 in a research note on Thursday, December 18th. TD Securities raised shares of Americas Silver to a "strong-buy" rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Strong Buy" and an average price target of C$8.25.
Read Our Latest Research Report on Americas Silver
About Americas Silver
(
Get Free Report)
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.
Further Reading
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