Americas Silver Co. , no par value (USAS) Upgraded to Hold by Zacks Investment Research

Americas Silver Co. , no par value (NYSEAMERICAN:USAS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

According to Zacks, “Americas Silver Corporation is a silver mining company. It primarily owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Mine Complex in Idaho, USA. Americas Silver Corporation is based in TORONTO,ONTARIO. “

Several other brokerages have also recently commented on USAS. HC Wainwright restated a “buy” rating and set a $5.10 target price (up previously from $5.00) on shares of Americas Silver Co. , no par value in a report on Tuesday, January 30th. Roth Capital assumed coverage on shares of Americas Silver Co. , no par value in a report on Monday, December 4th. They set a “buy” rating and a $5.75 target price for the company.

Americas Silver Co. , no par value (NYSEAMERICAN USAS) traded up $0.13 during trading on Tuesday, hitting $3.78. 26,960 shares of the stock traded hands, compared to its average volume of 46,323. The firm has a market capitalization of $165.99, a PE ratio of -42.00 and a beta of 1.23. Americas Silver Co. , no par value has a 12 month low of $2.50 and a 12 month high of $5.04.

Americas Silver Co. , no par value (NYSEAMERICAN:USAS) last released its quarterly earnings results on Tuesday, November 14th. The company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.08).

Institutional investors and hedge funds have recently made changes to their positions in the stock. Global X MANAGEMENT CO LLC boosted its holdings in Americas Silver Co. , no par value by 8.3% during the third quarter. Global X MANAGEMENT CO LLC now owns 491,279 shares of the company’s stock worth $2,019,000 after purchasing an additional 37,685 shares during the last quarter. WealthTrust Axiom LLC boosted its holdings in Americas Silver Co. , no par value by 13.2% during the third quarter. WealthTrust Axiom LLC now owns 512,570 shares of the company’s stock worth $2,117,000 after purchasing an additional 59,812 shares during the last quarter. Hillsdale Investment Management Inc. boosted its holdings in Americas Silver Co. , no par value by 268.2% during the third quarter. Hillsdale Investment Management Inc. now owns 301,900 shares of the company’s stock worth $1,244,000 after purchasing an additional 219,900 shares during the last quarter. Ingalls & Snyder LLC boosted its holdings in Americas Silver Co. , no par value by 1.0% during the fourth quarter. Ingalls & Snyder LLC now owns 1,904,409 shares of the company’s stock worth $6,894,000 after purchasing an additional 18,283 shares during the last quarter. Finally, Scotia Capital Inc. boosted its holdings in Americas Silver Co. , no par value by 3.7% during the second quarter. Scotia Capital Inc. now owns 82,163 shares of the company’s stock worth $231,000 after purchasing an additional 2,942 shares during the last quarter.

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