Americas Silver (NYSEAMERICAN:USAS) Stock Price Expected to Rise, HC Wainwright Analyst Says

Americas Silver (NYSEAMERICAN:USAS - Get Free Report) had its price objective hoisted by stock analysts at HC Wainwright from $0.90 to $1.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's price target would indicate a potential upside of 89.68% from the stock's previous close.

Separately, Cormark upgraded shares of Americas Silver to a "moderate buy" rating in a research note on Thursday, January 23rd.

Americas Silver Stock Down 2.6 %

Americas Silver stock traded down $0.01 on Friday, reaching $0.53. 978,920 shares of the stock were exchanged, compared to its average volume of 1,076,012. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.42 and a quick ratio of 0.28. The firm has a market cap of $130.61 million, a price-to-earnings ratio of -2.93 and a beta of 1.20. Americas Silver has a twelve month low of $0.21 and a twelve month high of $0.60.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USAS. Cetera Investment Advisers boosted its stake in shares of Americas Silver by 4.8% during the 4th quarter. Cetera Investment Advisers now owns 428,844 shares of the company's stock worth $167,000 after acquiring an additional 19,696 shares during the period. Merk Investments LLC raised its position in shares of Americas Silver by 1.9% in the fourth quarter. Merk Investments LLC now owns 2,751,028 shares of the company's stock valued at $1,050,000 after buying an additional 50,000 shares in the last quarter. XTX Topco Ltd bought a new stake in Americas Silver during the third quarter worth about $26,000. HighTower Advisors LLC bought a new position in Americas Silver in the fourth quarter valued at approximately $47,000. Finally, American Century Companies Inc. acquired a new position in shares of Americas Silver during the 4th quarter worth $73,000. Institutional investors and hedge funds own 13.38% of the company's stock.

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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.