Key Points
- Insider purchase: Director Peter James Goudie bought 2,000 Americas Silver shares at C$5.82 each for a total of C$11,640, increasing his holdings by 0.27% to 738,352 shares.
- Financial performance remains weak: The company reported quarterly revenue of C$94.26 million and EPS of C$0.08, but had a negative net margin of 36.39% and analysts expect a loss of C$0.08 per share for the fiscal year.
- Analysts remain bullish: Americas Silver has a consensus “Buy” rating from five analysts, with an average price target of C$11.57 versus a reported opening price of C$6.75.
Americas Silver Corp (TSE:USA - Get Free Report) Director Peter James Goudie acquired 2,000 shares of Americas Silver stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of C$5.82 per share, with a total value of C$11,640.00. Following the completion of the transaction, the director directly owned 738,352 shares of the company's stock, valued at C$4,297,208.64. This trade represents a 0.27% increase in their position.
Americas Silver Stock Performance
USA opened at C$6.75 on Thursday. The firm's fifty day simple moving average is C$6.66 and its two-hundred day simple moving average is C$8.51. Americas Silver Corp has a 52-week low of C$3.03 and a 52-week high of C$14.14. The company has a market cap of C$2.28 billion, a price-to-earnings ratio of -30.68 and a beta of 2.87. The company has a quick ratio of 0.19, a current ratio of 1.69 and a debt-to-equity ratio of 24.66.
Americas Silver (TSE:USA - Get Free Report) last released its earnings results on Thursday, May 14th. The company reported C$0.08 EPS for the quarter. The business had revenue of C$94.26 million during the quarter. Americas Silver had a negative net margin of 36.39% and a negative return on equity of 41.43%. Equities analysts anticipate that Americas Silver Corp will post -0.08 earnings per share for the current fiscal year.
Analyst Ratings Changes
USA has been the topic of several research reports. Desjardins set a C$16.00 target price on Americas Silver and gave the company a "buy" rating in a research report on Thursday, April 23rd. TD reduced their price objective on Americas Silver from C$12.00 to C$11.00 and set a "buy" rating for the company in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to MarketBeat, Americas Silver presently has a consensus rating of "Buy" and an average target price of C$11.57.
Check Out Our Latest Report on Americas Silver
Americas Silver Company Profile
(
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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