663,040 Shares of Americas Gold and Silver Corporation $USAS Bought by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. bought a new position in Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 663,040 shares of the company’s stock, valued at approximately $2,914,000.

A number of other large investors have also recently bought and sold shares of USAS. Farther Finance Advisors LLC acquired a new position in Americas Gold and Silver in the third quarter valued at approximately $29,000. State of Wyoming bought a new position in shares of Americas Gold and Silver during the first quarter valued at approximately $43,000. NewEdge Advisors LLC bought a new position in shares of Americas Gold and Silver during the first quarter valued at approximately $46,000. Leonteq Securities AG bought a new position in shares of Americas Gold and Silver during the first quarter valued at approximately $56,000. Finally, Rathbones Group PLC acquired a new stake in shares of Americas Gold and Silver during the 1st quarter worth approximately $61,000. Institutional investors own 13.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. HC Wainwright reissued a “buy” rating and issued a $9.25 price target on shares of Americas Gold and Silver in a report on Thursday, September 24th. National Bank Financial assumed coverage on Americas Gold and Silver in a research report on Thursday. They set an “outperform” rating for the company. Finally, Zacks Research upgraded Americas Gold and Silver from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $9.25.

Americas Gold and Silver Stock Performance

Shares of USAS stock traded down $0.18 during trading hours on Tuesday, reaching $4.02. The stock had a trading volume of 3,173,992 shares, compared to its average volume of 5,445,986. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.62 and a quick ratio of 1.41. Americas Gold and Silver Corporation has a twelve month low of $3.52 and a twelve month high of $10.50. The firm has a 50-day simple moving average of $4.97 and a 200-day simple moving average of $5.20. The firm has a market capitalization of $1.36 billion, a PE ratio of -21.16 and a beta of 0.96.

Americas Gold and Silver Company Profile

Americas Gold and Silver Corporation is a precious metals mining company focused on the acquisition, development, and operation of mineral properties in North America. Its production and exploration activities are primarily centered on silver, with additional exposure to lead, zinc, and other associated metals.

The company’s principal assets include the Cosalá Operations in Sinaloa, Mexico, and the Galena Complex in Idaho. The Cosalá Operations include the San Rafael mine and related processing and infrastructure, while the Galena Complex is an underground silver-lead mining operation.