Americas Silver (TSE:USA) PT Set at C$13.00 by TD Securities

Americas Silver (TSE:USA) has been assigned a C$13.00 target price by equities researchers at TD Securities in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 15.97% from the stock’s current price.

Separately, Haywood Securities upped their price objective on shares of Americas Silver from C$7.75 to C$9.00 in a research note on Thursday, December 18th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Americas Silver has an average rating of “Buy” and a consensus target price of C$8.25.

Americas Silver Stock Performance

Shares of TSE USA opened at C$11.21 on Monday. Americas Silver has a 1 year low of C$1.40 and a 1 year high of C$14.14. The firm has a market cap of C$3.56 billion, a P/E ratio of -40.76 and a beta of 2.56. The stock has a fifty day moving average price of C$8.66 and a two-hundred day moving average price of C$5.80. The company has a debt-to-equity ratio of 77.75, a quick ratio of 0.19 and a current ratio of 0.42.

Americas Silver (TSE:USA) last posted its quarterly earnings data on Monday, November 10th. The company reported C($0.06) earnings per share for the quarter. The business had revenue of C$42.60 million for the quarter. Americas Silver had a negative net margin of 44.59% and a negative return on equity of 95.25%. Research analysts forecast that Americas Silver will post -0.08 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Warren Varga sold 50,000 shares of the stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$8.05, for a total transaction of C$402,500.00. Following the transaction, the insider owned 50,610 shares in the company, valued at C$407,410.50. This represents a 49.70% decrease in their position. 0.86% of the stock is owned by corporate insiders.

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.