Americas Silver (TSE:USA) Sets New 52-Week High – Still a Buy?

Americas Silver Corp (TSE:USA)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.81, with a volume of 646789 shares trading hands. The stock had previously closed at C$0.78.

Wall Street Analysts Forecast Growth

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

Americas Silver Stock Performance

The company has a market cap of C$210.98 million, a PE ratio of -3.64 and a beta of 1.56. The company has a current ratio of 0.44, a quick ratio of 0.19 and a debt-to-equity ratio of 33.81. The business has a fifty day moving average of C$0.64 and a 200-day moving average of C$0.52.

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.