Stifel Nicolaus Reiterates C$12.00 Price Target for Americas Silver (TSE:USA)

Americas Silver (TSE:USA – Get Free Report) received a C$12.00 target price from Stifel Nicolaus in a note issued to investors on Wednesday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 131.21% from the stock’s current price.

USA has been the topic of a number of other research reports. TD cut their price target on shares of Americas Silver from C$12.00 to C$11.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. National Bank Financial raised shares of Americas Silver to a “strong-buy” rating in a research note on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$12.57.

Check Out Our Latest Analysis on USA

Americas Silver Trading Down 9.6%

USA traded down C$0.55 during midday trading on Wednesday, hitting C$5.19. The company’s stock had a trading volume of 814,737 shares, compared to its average volume of 1,614,443. The company has a current ratio of 1.62, a quick ratio of 0.19 and a debt-to-equity ratio of 18.83. The firm has a market cap of C$1.76 billion, a P/E ratio of -28.83 and a beta of 3.17. The firm has a 50-day moving average price of C$6.93 and a two-hundred day moving average price of C$7.23. Americas Silver has a 52-week low of C$4.96 and a 52-week high of C$14.14.

Insider Buying and Selling at Americas Silver

In other news, Director Shirley Eleanor In’t Veld sold 7,132 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of C$6.73, for a total transaction of C$47,998.36. Following the completion of the sale, the director owned 6,202 shares in the company, valued at approximately C$41,739.46. The trade was a 53.49% decrease in their position. 0.86% of the stock is owned by corporate insiders.

About Americas Silver

(Get Free Report)

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. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019.

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Analyst Recommendations for Americas Silver (TSE:USA)

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