Americas Silver (TSE:USA) Sets New 52-Week High – Still a Buy?

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 Analyst Weigh In

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

Americas Silver Stock Performance

The company has a market capitalization of C$357.55 million, a price-to-earnings ratio of -3.51 and a beta of 1.56. 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 stock has a 50-day simple moving average of C$0.75 and a 200-day simple moving average of C$0.66.

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.