Americas Silver (TSE:USA) Reaches New 52-Week High – Here’s What Happened

Shares of Americas Silver Corp (TSE:USA) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.79 and last traded at C$0.78, with a volume of 779966 shares changing hands. The stock had previously closed at C$0.74.

Analyst Ratings Changes

Separately, Cormark raised Americas Silver to a “moderate buy” rating in a report on Thursday, January 23rd.

Americas Silver Stock Performance

The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44. The firm’s 50-day moving average price is C$0.63 and its two-hundred day moving average price is C$0.51. The stock has a market cap of C$208.34 million, a price-to-earnings ratio of -3.59 and a beta of 1.56.

Americas Silver (TSE:USA) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($0.07) earnings per share for the quarter. Americas Silver had a negative return on equity of 55.44% and a negative net margin of 45.63%. On average, analysts expect 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.