Americas Silver (TSE:USA) Reaches New 12-Month High – What’s Next?

Americas Silver Corp (TSE:USA) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.77 and last traded at C$0.76, with a volume of 264903 shares changing hands. The stock had previously closed at C$0.74.

Wall Street Analysts Forecast Growth

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

Americas Silver Stock Up 1.4 %

The firm has a market cap of C$197.79 million, a price-to-earnings ratio of -3.41 and a beta of 1.56. The business has a fifty day simple moving average of C$0.58 and a 200 day simple moving average of C$0.48. The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19.

Americas Silver (TSE:USA) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.07) earnings per share for the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. As a group, equities analysts forecast that Americas Silver Corp will post -0.08 EPS for the current fiscal year.

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.