Americas Silver (TSE:USA) Director Scott Mckee Hand Sells 125,000 Shares of Stock

Americas Silver Corp (TSE:USA) Director Scott Mckee Hand sold 125,000 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of C$10.96, for a total transaction of C$1,370,000.00. Following the completion of the sale, the director owned 593,352 shares in the company, valued at approximately C$6,503,137.92. The trade was a 17.40% decrease in their position.

Americas Silver Price Performance

TSE:USA opened at C$10.17 on Friday. The company has a debt-to-equity ratio of 77.75, a current ratio of 0.42 and a quick ratio of 0.19. Americas Silver Corp has a one year low of C$1.40 and a one year high of C$14.14. The company has a fifty day moving average price of C$8.90 and a 200 day moving average price of C$5.93. The stock has a market cap of C$3.23 billion, a P/E ratio of -36.98 and a beta of 2.56.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on USA. TD Securities raised Americas Silver to a “strong-buy” rating in a report on Tuesday. Haywood Securities increased their price objective on shares of Americas Silver from C$7.75 to C$9.00 in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Strong Buy” and an average price target of C$8.25.

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.