HC Wainwright Boosts Americas Silver (NYSEAMERICAN:USAS) Price Target to $1.00

Americas Silver (NYSEAMERICAN:USAS) had its price target raised by stock analysts at HC Wainwright from $0.90 to $1.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price target would indicate a potential upside of 84.71% from the company’s previous close.

Separately, Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a research note on Thursday, January 23rd.

Americas Silver Stock Down 1.5 %

USAS opened at $0.54 on Friday. The company has a current ratio of 0.42, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. The company has a market cap of $134.13 million, a PE ratio of -3.01 and a beta of 1.20. Americas Silver has a twelve month low of $0.21 and a twelve month high of $0.60.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. NewGen Asset Management Ltd acquired a new position in Americas Silver in the fourth quarter worth approximately $2,206,000. Sprott Inc. acquired a new position in shares of Americas Silver in the 4th quarter worth $2,099,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Americas Silver during the third quarter worth $631,000. U S Global Investors Inc. acquired a new stake in shares of Americas Silver during the fourth quarter worth $382,000. Finally, Alpha Cubed Investments LLC purchased a new stake in shares of Americas Silver during the fourth quarter valued at $274,000. 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.