Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $9.25.

A number of equities research analysts have recently issued reports on USAS shares. BMO Capital Markets restated an “outperform” rating on shares of Americas Gold and Silver in a research report on Tuesday, May 19th. HC Wainwright reduced their price objective on Americas Gold and Silver from $9.75 to $9.25 and set a “buy” rating on the stock in a research report on Wednesday, August 19th. Finally, Zacks Research lowered Americas Gold and Silver from a “hold” rating to a “strong sell” rating in a research note on Friday, August 14th.

Hedge Funds Weigh In On Americas Gold and Silver

Institutional investors have recently bought and sold shares of the company. State of Wyoming purchased a new stake in shares of Americas Gold and Silver in the 1st quarter valued at approximately $43,000. NewEdge Advisors LLC acquired a new stake in shares of Americas Gold and Silver during the 1st quarter worth approximately $46,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Americas Gold and Silver during the 2nd quarter valued at approximately $46,000. Truist Financial Corp purchased a new stake in shares of Americas Gold and Silver during the 4th quarter valued at approximately $51,000. Finally, Leonteq Securities AG purchased a new stake in shares of Americas Gold and Silver during the 1st quarter valued at approximately $56,000. 13.38% of the stock is owned by hedge funds and other institutional investors.

Americas Gold and Silver Stock Down 0.8%

Shares of USAS opened at $5.05 on Friday. The stock has a 50 day moving average price of $4.74 and a 200 day moving average price of $5.71. Americas Gold and Silver has a one year low of $2.69 and a one year high of $10.50. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.41 and a current ratio of 1.62. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of -26.58 and a beta of 1.04.

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.