Americas Silver (NYSEAMERICAN:USAS) Given New $1.00 Price Target at HC Wainwright

Americas Silver (NYSEAMERICAN:USAS) had its price objective raised by HC Wainwright from $0.90 to $1.00 in a research note released on Friday,Benzinga reports. They currently have a buy rating on the stock.

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

Americas Silver Trading Down 1.5 %

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd acquired a new stake in shares of Americas Silver in the third quarter valued at about $26,000. HighTower Advisors LLC bought a new position in Americas Silver during the fourth quarter valued at about $47,000. American Century Companies Inc. bought a new stake in shares of Americas Silver in the 4th quarter worth approximately $73,000. Bank of America Corp DE lifted its position in Americas Silver by 273,321.1% in the fourth quarter. Bank of America Corp DE now owns 207,800 shares of the company’s stock worth $78,000 after purchasing an additional 207,724 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in Americas Silver during the fourth quarter worth $94,000. 13.38% of the stock is owned by institutional investors.

About Americas Silver

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.