Americas Silver (TSE:USA) Hits New 12-Month High – What’s Next?

Americas Silver Corp (TSE:USA) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.89 and last traded at C$0.84, with a volume of 303909 shares changing hands. The stock had previously closed at C$0.84.

Wall Street Analysts Forecast Growth

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

Americas Silver Trading Up 1.2 %

The business’s 50-day moving average price is C$0.75 and its two-hundred day moving average price is C$0.66. The firm has a market cap of C$357.55 million, a price-to-earnings ratio of -3.51 and a beta of 1.56. The company has a debt-to-equity ratio of 77.75, a current ratio of 0.42 and a quick ratio of 0.19.

About Americas Silver

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.