Americas Silver (TSE:USA) Sets New 12-Month High – Time to Buy?

Americas Silver Corp (TSE:USAGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as C$3.58 and last traded at C$3.32, with a volume of 505287 shares trading hands. The stock had previously closed at C$1.33.

Americas Silver Price Performance

The company has a market cap of C$1.40 billion, a PE ratio of -13.70 and a beta of 1.56. The firm’s 50-day moving average is C$1.31 and its 200-day moving average is C$0.99. The company has a quick ratio of 0.19, a current ratio of 0.42 and a debt-to-equity ratio of 77.75.

About Americas Silver

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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.

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