Americas Gold and Silver Corporation (NYSEAMERICAN:USAS – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $5.37, but opened at $5.10. Americas Gold and Silver shares last traded at $5.2050, with a volume of 556,668 shares traded.
Analysts Set New Price Targets
Several equities analysts recently commented on USAS shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Americas Gold and Silver in a research note on Tuesday, May 19th. HC Wainwright lowered their target price on shares of Americas Gold and Silver from $9.75 to $9.25 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Finally, Zacks Research lowered shares of Americas Gold and Silver from a “hold” rating to a “strong sell” rating in a research report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $9.25.
Read Our Latest Report on USAS
Americas Gold and Silver Trading Down 3.3%
Institutional Investors Weigh In On Americas Gold and Silver
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Deutsche Bank AG lifted its position in Americas Gold and Silver by 0.3% during the fourth quarter. Deutsche Bank AG now owns 591,646 shares of the company’s stock valued at $3,023,000 after purchasing an additional 1,867 shares during the last quarter. Gabelli Funds LLC increased its holdings in shares of Americas Gold and Silver by 50.0% in the 3rd quarter. Gabelli Funds LLC now owns 15,000 shares of the company’s stock worth $56,000 after buying an additional 5,000 shares during the last quarter. State of Wyoming purchased a new stake in shares of Americas Gold and Silver during the 1st quarter valued at $43,000. Pictet Asset Management Holding SA lifted its holdings in shares of Americas Gold and Silver by 22.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 47,863 shares of the company’s stock worth $249,000 after acquiring an additional 8,636 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Americas Gold and Silver during the 1st quarter worth $46,000. 13.38% of the stock is owned by hedge funds and other institutional investors.
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.
Read More
- Five stocks we like better than Americas Gold and Silver
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
Receive News & Ratings for Americas Gold and Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americas Gold and Silver and related companies with MarketBeat.com's FREE daily email newsletter.
