Americas Silver (USAS) to Release Earnings on Thursday

Americas Silver (NYSEAMERICAN:USAS) will likely be releasing its earnings data before the market opens on Thursday, March 27th. Analysts expect Americas Silver to post earnings of $0.00 per share and revenue of $31.39 million for the quarter.

Americas Silver Stock Down 1.0 %

NYSEAMERICAN USAS opened at $0.56 on Tuesday. The stock has a market cap of $137.92 million, a PE ratio of -3.09 and a beta of 1.20. Americas Silver has a 12 month low of $0.20 and a 12 month high of $0.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.42 and a quick ratio of 0.28.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on USAS shares. Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a report on Thursday, January 23rd. HC Wainwright cut their target price on Americas Silver from $1.00 to $0.90 and set a “buy” rating on the stock in a research report on Tuesday, March 18th.

Institutional Investors Weigh In On Americas Silver

A hedge fund recently raised its stake in Americas Silver stock. Bank of America Corp DE lifted its holdings in shares of Americas Silver Corp (NYSEAMERICAN:USAS) by 273,321.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 207,800 shares of the company’s stock after acquiring an additional 207,724 shares during the quarter. Bank of America Corp DE owned 0.08% of Americas Silver worth $78,000 as of its most recent filing with the SEC. Institutional investors own 13.38% of the company’s stock.

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.