Americas Silver (TSE:USA) Reaches New 52-Week High – Still a Buy?

Americas Silver Corp (TSE:USA)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$0.75 and last traded at C$0.74, with a volume of 266463 shares trading hands. The stock had previously closed at C$0.72.

Americas Silver Price Performance

The stock has a market capitalization of C$192.52 million, a PE ratio of -3.27 and a beta of 1.56. The stock’s 50 day moving average is C$0.41 and its two-hundred day moving average is C$0.38. 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 released its quarterly earnings data on Thursday, August 15th. The company reported C($0.03) EPS for the quarter, beating analysts’ consensus estimates of C($0.06) by C$0.03. The company had revenue of C$43.27 million during the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. On average, equities analysts anticipate that Americas Silver Corp will post -0.08 EPS for the current fiscal 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.