Americas Silver (TSE:USA) Director Peter James Goudie Purchases 2,000 Shares of Stock

Americas Silver Corp (TSE:USA) Director Peter James Goudie acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of C$5.82 per share, for a total transaction of C$11,640.00. Following the transaction, the director owned 738,352 shares of the company’s stock, valued at C$4,297,208.64. This represents a 0.27% increase in their ownership of the stock.

Americas Silver Price Performance

USA opened at C$6.75 on Thursday. The firm has a market capitalization of C$2.28 billion, a PE ratio of -30.68 and a beta of 2.87. The business’s 50-day moving average is C$6.66 and its two-hundred day moving average is C$8.51. Americas Silver Corp has a 1 year low of C$3.03 and a 1 year high of C$14.14. The company has a debt-to-equity ratio of 24.66, a current ratio of 1.69 and a quick ratio of 0.19.

Americas Silver (TSE:USA) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.08 EPS for the quarter. Americas Silver had a negative return on equity of 41.43% and a negative net margin of 36.39%.The firm had revenue of C$94.26 million during the quarter. Research analysts anticipate that Americas Silver Corp will post -0.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

USA has been the topic of several research reports. Desjardins set a C$16.00 target price on Americas Silver and gave the company a “buy” rating in a research report on Thursday, April 23rd. TD dropped their target price on Americas Silver from C$12.00 to C$11.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$11.57.

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.