Americas Silver (TSE:USA) Hits New 12-Month High – Should You Buy?

Americas Silver Corp (TSE:USA) shares reached a new 52-week high on Thursday . The stock traded as high as C$0.85 and last traded at C$0.84, with a volume of 1283673 shares. The stock had previously closed at C$0.83.

Wall Street Analyst Weigh In

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

Americas Silver Price Performance

The company has a current ratio of 0.42, a quick ratio of 0.19 and a debt-to-equity ratio of 77.75. The company has a market cap of C$344.93 million, a P/E ratio of -3.38 and a beta of 1.56. The company’s 50-day moving average price is C$0.74 and its two-hundred day moving average price is C$0.60.

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.