Americas Silver (TSE:USA) Given a C$10.00 Price Target by BMO Capital Markets Analysts

Americas Silver (TSE:USA) received a C$10.00 target price from analysts at BMO Capital Markets in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price indicates a potential upside of 30.21% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Haywood Securities boosted their target price on shares of Americas Silver from C$7.75 to C$9.00 in a report on Thursday, December 18th. Canaccord Genuity Group set a C$17.00 price target on shares of Americas Silver and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, TD Securities upgraded shares of Americas Silver to a “strong-buy” rating in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$10.00.

Americas Silver Stock Performance

Americas Silver stock opened at C$7.68 on Wednesday. The firm has a market capitalization of C$2.44 billion, a P/E ratio of -23.27 and a beta of 2.26. The stock has a fifty day moving average price of C$10.34 and a 200 day moving average price of C$7.76. Americas Silver has a 52 week low of C$1.40 and a 52 week high of C$14.14. The company has a current ratio of 0.91, a quick ratio of 0.19 and a debt-to-equity ratio of 100.82.

Americas Silver (TSE:USA) last issued its quarterly earnings results on Monday, March 30th. The company reported C($0.19) earnings per share (EPS) for the quarter. Americas Silver had a negative return on equity of 113.86% and a negative net margin of 56.18%.The business had revenue of C$48.99 million during the quarter. Equities research analysts anticipate that Americas Silver will post -0.08 earnings per share for the current year.

Insider Transactions at Americas Silver

In other news, Director Scott Mckee Hand sold 125,000 shares of Americas Silver stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of C$10.96, for a total transaction of C$1,370,000.00. Following the sale, the director owned 593,352 shares in the company, valued at C$6,503,137.92. This trade represents a 17.40% decrease in their ownership of the stock. 0.86% of the stock is owned by company insiders.

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