Americas Silver Corp (TSE:USA) Stock Has Consensus Target Price of C$12.67 According to Analysts

Shares of Americas Silver Corp (TSE:USA) have earned an average recommendation of “Buy” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$12.57.

Several analysts have recently issued reports on USA shares. National Bank Financial raised Americas Silver to a “strong-buy” rating in a report on Thursday, October 8th. TD decreased their price target on shares of 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. Finally, Stifel Nicolaus set a C$12.00 price objective on Americas Silver and gave the stock a “buy” rating in a research note on Wednesday.

Insiders Place Their Bets

In other Americas Silver news, Director Shirley Eleanor In’t Veld sold 7,132 shares of Americas Silver stock in a transaction on Friday, September 25th. The stock was sold at an average price of C$6.73, for a total transaction of C$47,998.36. Following the completion of the sale, the director directly owned 6,202 shares of the company’s stock, valued at C$41,739.46. The trade was a 53.49% decrease in their position. 0.86% of the stock is currently owned by company insiders.

Americas Silver Price Performance

TSE:USA opened at C$5.45 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 0.19 and a debt-to-equity ratio of 18.83. The company has a market capitalization of C$1.84 billion, a P/E ratio of -30.28 and a beta of 3.17. Americas Silver has a 12 month low of C$4.96 and a 12 month high of C$14.14. The business’s 50-day moving average is C$6.88 and its 200 day moving average is C$7.20.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.