Americas Silver (TSE:USA) Sets New 52-Week High – Here’s Why

Americas Silver Corp (TSE:USA)’s stock price hit a new 52-week high on Friday . The company traded as high as C$0.77 and last traded at C$0.76, with a volume of 264903 shares traded. The stock had previously closed at C$0.74.

Analyst Upgrades and Downgrades

Separately, Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a report on Thursday.

Americas Silver Trading Up 1.4 %

The stock has a market capitalization of C$197.79 million, a P/E ratio of -3.41 and a beta of 1.56. The business has a 50 day simple moving average of C$0.59 and a 200-day simple moving average of C$0.49. The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44.

Americas Silver (TSE:USA) last announced its earnings results on Thursday, November 7th. The company reported C($0.07) earnings per share for the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. On average, analysts predict that Americas Silver Corp will post -0.08 EPS for the current year.

Americas Silver Company Profile

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.