Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) Given Consensus Rating of “Moderate Buy” by Brokerages

Americas Gold and Silver Corporation (NYSEAMERICAN:USAS) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $9.75.

USAS has been the topic of several recent analyst reports. BMO Capital Markets restated an “outperform” rating on shares of Americas Gold and Silver in a research note on Tuesday, May 19th. Zacks Research cut shares of Americas Gold and Silver from a “hold” rating to a “strong sell” rating in a research report on Friday.

Americas Gold and Silver Stock Performance

Shares of NYSEAMERICAN:USAS opened at $5.16 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.68 and a quick ratio of 1.54. The business’s fifty day moving average price is $4.63 and its two-hundred day moving average price is $6.00. Americas Gold and Silver has a fifty-two week low of $2.18 and a fifty-two week high of $10.50. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -27.16 and a beta of 0.95.

Institutional Trading of Americas Gold and Silver

Several hedge funds have recently modified their holdings of USAS. State of Wyoming bought a new position in shares of Americas Gold and Silver in the first quarter valued at approximately $43,000. NewEdge Advisors LLC acquired a new stake in Americas Gold and Silver during the 1st quarter valued at $46,000. Truist Financial Corp acquired a new stake in Americas Gold and Silver during the 4th quarter valued at $51,000. Leonteq Securities AG bought a new position in Americas Gold and Silver in the 1st quarter valued at $56,000. Finally, Rathbones Group PLC bought a new position in Americas Gold and Silver in the 1st quarter valued at $61,000. Institutional investors and hedge funds own 13.38% of the company’s stock.

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.