Q1 2024 EPS Estimates for Americas Silver Corp (TSE:USA) Boosted by Analyst

Americas Silver Corp (TSE:USA) – Research analysts at Cormark raised their Q1 2024 earnings per share (EPS) estimates for shares of Americas Silver in a report issued on Monday, May 6th. Cormark analyst R. Gray now expects that the company will earn ($0.01) per share for the quarter, up from their previous forecast of ($0.05). The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share. Cormark also issued estimates for Americas Silver’s Q2 2024 earnings at ($0.01) EPS, Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.04) EPS.

Americas Silver (TSE:USA) last posted its quarterly earnings data on Thursday, March 28th. The company reported C($0.05) EPS for the quarter, missing the consensus estimate of C($0.04) by C($0.01). The company had revenue of C$34.04 million during the quarter. Americas Silver had a negative return on equity of 41.38% and a negative net margin of 42.97%.

Americas Silver Price Performance

TSE USA opened at C$0.36 on Thursday. The stock has a market cap of C$77.06 million, a price-to-earnings ratio of -1.54 and a beta of 1.51. Americas Silver has a 12 month low of C$0.28 and a 12 month high of C$0.74. The company’s 50 day moving average is C$0.33 and its two-hundred day moving average is C$0.33. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 23.51.

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.