Americas Silver (USAS) Scheduled to Post Quarterly Earnings on Friday
Americas Silver (NYSEAMERICAN:USAS – Get Free Report) will issue its quarterly earnings data on Friday, March 29th.
Americas Silver Stock Performance
Shares of Americas Silver stock opened at $0.21 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.42. The company has a market cap of $46.68 million, a PE ratio of -1.17 and a beta of 1.34. Americas Silver has a 1-year low of $0.20 and a 1-year high of $0.60.
Analysts Set New Price Targets
Separately, HC Wainwright dropped their target price on Americas Silver from $1.50 to $0.80 and set a “buy” rating for the company in a report on Wednesday, January 24th.
Check Out Our Latest Stock Report on Americas Silver
Institutional Trading of Americas Silver
A number of hedge funds and other institutional investors have recently made changes to their positions in USAS. Hollencrest Capital Management increased its position in shares of Americas Silver by 16.4% during the 1st quarter. Hollencrest Capital Management now owns 921,412 shares of the company’s stock worth $442,000 after purchasing an additional 130,000 shares during the last quarter. Jane Street Group LLC boosted its stake in Americas Silver by 518.8% during the third quarter. Jane Street Group LLC now owns 507,329 shares of the company’s stock worth $208,000 after buying an additional 425,339 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Americas Silver during the first quarter valued at about $121,000. HBK Sorce Advisory LLC purchased a new stake in shares of Americas Silver in the 1st quarter valued at approximately $71,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Americas Silver by 183.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 53,300 shares of the company’s stock worth $58,000 after acquiring an additional 34,484 shares during the last quarter. Institutional investors and hedge funds own 13.38% of the company’s stock.
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.
Further Reading
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