Zacks: Americas Silver Co. , no par value (USAS) Receives Average Recommendation of “Strong Buy” from Brokerages
Americas Silver Co. , no par value (NASDAQ:USAS) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation. Americas Silver Co. , no par value’s rating score has improved by 33.3% from three months ago as a result of various analysts’ ratings changes.
Brokers have set a 1 year consensus target price of $6.22 for the company and are expecting that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Americas Silver Co. , no par value an industry rank of 75 out of 265 based on the ratings given to related companies.
Several equities research analysts recently issued reports on USAS shares. HC Wainwright reaffirmed a “buy” rating and set a $5.00 price target on shares of Americas Silver Co. , no par value in a report on Wednesday, October 4th. Zacks Investment Research raised shares of Americas Silver Co. , no par value from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Thursday.
COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/23/zacks-americas-silver-co-no-par-value-usas-receives-average-recommendation-of-strong-buy-from-brokerages.html.
Several institutional investors have recently made changes to their positions in the stock. Scotia Capital Inc. grew its holdings in shares of Americas Silver Co. , no par value by 3.7% during the 2nd quarter. Scotia Capital Inc. now owns 82,163 shares of the company’s stock valued at $231,000 after purchasing an additional 2,942 shares during the last quarter. ETF Managers Group LLC bought a new stake in shares of Americas Silver Co. , no par value during the 2nd quarter valued at approximately $1,743,000. Global X Management Co. LLC bought a new stake in shares of Americas Silver Co. , no par value during the 2nd quarter valued at approximately $1,303,000. Finally, WealthTrust Axiom LLC grew its holdings in shares of Americas Silver Co. , no par value by 16.0% during the 2nd quarter. WealthTrust Axiom LLC now owns 452,758 shares of the company’s stock valued at $1,285,000 after purchasing an additional 62,418 shares during the last quarter.
Shares of Americas Silver Co. , no par value (USAS) traded down 1.81% during mid-day trading on Monday, reaching $4.42. 37,401 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $4.47 and a 200-day moving average price of $3.38. Americas Silver Co. , no par value has a 12 month low of $2.02 and a 12 month high of $5.04. The stock’s market cap is $176.39 million.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Americas Silver Co. no par value Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americas Silver Co. no par value and related companies with MarketBeat.com's FREE daily email newsletter.