K.J. Harrison & Partners Inc Purchases Shares of 64,356 Americas Gold and Silver Corporation $USAS

K.J. Harrison & Partners Inc purchased a new stake in shares of Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 64,356 shares of the company’s stock, valued at approximately $249,000.

Several other institutional investors also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. raised its stake in Americas Gold and Silver by 75.2% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,135,900 shares of the company’s stock valued at $918,000 after purchasing an additional 487,400 shares in the last quarter. Fiducient Advisors LLC bought a new position in shares of Americas Gold and Silver in the 2nd quarter worth $81,000. Waratah Capital Advisors Ltd. bought a new position in shares of Americas Gold and Silver in the 3rd quarter worth $645,000. Quadrature Capital Ltd purchased a new stake in shares of Americas Gold and Silver during the 2nd quarter valued at $603,000. Finally, Lido Advisors LLC bought a new stake in shares of Americas Gold and Silver during the 2nd quarter worth $85,000. 13.38% of the stock is currently owned by institutional investors.

Americas Gold and Silver Stock Performance

Americas Gold and Silver stock opened at $9.46 on Friday. The firm has a fifty day simple moving average of $6.98 and a two-hundred day simple moving average of $4.85. The company has a quick ratio of 0.77, a current ratio of 0.91 and a debt-to-equity ratio of 0.96. Americas Gold and Silver Corporation has a twelve month low of $0.99 and a twelve month high of $10.50. The company has a market capitalization of $3.02 billion, a PE ratio of -36.38 and a beta of 0.58.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on USAS shares. HC Wainwright reissued a “buy” rating and issued a $9.75 target price on shares of Americas Gold and Silver in a research note on Thursday, January 22nd. TD Securities initiated coverage on Americas Gold and Silver in a report on Monday, February 9th. They issued a “buy” rating for the company. Finally, Canaccord Genuity Group assumed coverage on Americas Gold and Silver in a research report on Tuesday. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Americas Gold and Silver currently has an average rating of “Buy” and a consensus target price of $9.75.

About Americas Gold and Silver

Americas Gold and Silver Corporation is a precious metals mining company focused on the exploration, development and production of silver and gold assets in North America. The company’s core operations center on the Cosalá district in Sinaloa, Mexico and the Relief Canyon mine in Nevada, where it pursues both open-pit and underground mining techniques. In addition to these producing mines, Americas Gold and Silver maintains an exploration portfolio designed to support future growth and reserve replacement.

The Cosalá operation comprises multiple silver-gold deposits accessed via ramp and portal infrastructure.