Americas Silver Corp (TSE:USA) Stock Has Consensus Target Price of C$12.57

Shares of Americas Silver Corp (TSE:USA) have received a consensus rating of “Buy” from the seven analysts that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$12.57.

USA has been the subject of several research analyst reports. Stifel Nicolaus set a C$12.00 price objective on shares of Americas Silver and gave the stock a “buy” rating in a report on Wednesday, October 14th. National Bank Financial raised shares of Americas Silver to a “strong-buy” rating in a research note on Thursday, October 8th.

Insider Buying and Selling at Americas Silver

In other news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of C$6.73, for a total value of C$47,998.36. Following the completion of the sale, the director directly owned 6,202 shares of the company’s stock, valued at approximately C$41,739.46. This represents a 53.49% decrease in their position. Corporate insiders own 0.86% of the company’s stock.

Americas Silver Price Performance

Shares of USA opened at C$4.21 on Friday. The firm has a market capitalization of C$1.42 billion, a price-to-earnings ratio of -23.39 and a beta of 2.66. The company has a debt-to-equity ratio of 18.83, a quick ratio of 0.19 and a current ratio of 1.62. Americas Silver has a one year low of C$3.75 and a one year high of C$14.14. The stock’s fifty day moving average is C$5.79 and its 200-day moving average is C$7.67.

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.