Americas Silver (TSE:USA) Reaches New 52-Week High - Here's What Happened

Shares of Americas Silver Corp (TSE:USA - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.59 and last traded at C$0.55, with a volume of 1028792 shares changing hands. The stock had previously closed at C$0.52.

Americas Silver Trading Up 1.9 %

The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44. The stock has a market capitalization of C$139.77 million, a P/E ratio of -2.41 and a beta of 1.56. The firm's fifty day simple moving average is C$0.37 and its 200 day simple moving average is C$0.37.

Americas Silver (TSE:USA - Get Free Report) last released its earnings results on Thursday, August 15th. The company reported C($0.03) EPS for the quarter, beating the consensus estimate of C($0.06) by C$0.03. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. The firm had revenue of C$43.27 million for the quarter. As a group, equities research analysts forecast that Americas Silver Corp will post -0.08 EPS for the current fiscal year.

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.