Americas Silver (TSE:USA) Reaches New 52-Week Low – Should You Sell?

Americas Silver Corp (TSE:USA)’s share price hit a new 52-week low during trading on Friday. The company traded as low as C$3.73 and last traded at C$3.87, with a volume of 217,512 shares. The stock had previously closed at C$3.98.

Analysts Set New Price Targets

Several analysts have commented on the stock. Stifel Nicolaus set a C$12.00 price target on shares of Americas Silver and gave the company a “buy” rating in a research report on Wednesday, October 14th. National Bank Financial raised shares of Americas Silver to a “strong-buy” rating in a research report on Thursday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$12.57.

Americas Silver Price Performance

The firm has a market cap of C$1.22 billion, a PE ratio of -20.00 and a beta of 2.66. The company has a quick ratio of 0.19, a current ratio of 1.62 and a debt-to-equity ratio of 18.83. The stock has a 50 day moving average price of C$5.72 and a two-hundred day moving average price of C$7.63.

Americas Silver (TSE:USA) last issued its quarterly earnings results on Friday, November 13th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$73.18 million for the quarter. Americas Silver had a negative net margin of 26.60% and a negative return on equity of 24.05%. As a group, equities analysts expect that Americas Silver Corp will post -0.08 earnings per share for the current year.

Insider Buying and Selling at Americas Silver

In other news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of C$6.73, for a total transaction of C$47,998.36. Following the sale, the director directly owned 6,202 shares of the company’s stock, valued at C$41,739.46. The trade was a 53.49% 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.