Americas Silver (USAS) Set to Release Earnings on Thursday

Americas Silver (NYSEAMERICAN:USAS) is preparing to announce its earnings before the market opens on Thursday, March 27th. Analysts predict that the company will report earnings of $0.00 per share along with revenues reaching approximately $31.39 million for the quarter.

Americas Silver Stock Performance

On Friday, USAS's stock saw a minor decline, falling $0.03 to close at $0.56. During the trading session, around 746,200 shares were exchanged, which is lower than the company's average trading volume of 1,085,984 shares. The market capitalization of Americas Silver stands at $139.29 million, with a price-to-earnings ratio of -3.12 and a beta of 1.20. Over the past year, the stock has fluctuated between a low of $0.20 and a high of $0.60. The company's financial ratios include a current ratio of 0.42, a quick ratio of 0.28, and a debt-to-equity ratio of 0.18.

Analyst Upgrades and Downgrades

Recent research reports have focused on USAS, leading to various upgrades and downgrades. Cormark has recently classified shares of Americas Silver as a "moderate buy" in a report dated January 23rd. Conversely, HC Wainwright reduced their price target for Americas Silver from $1.00 to $0.90, while maintaining a "buy" recommendation on the stock.

Institutional Investors' Actions

Investments in Americas Silver stock have seen significant changes. An institutional investor, Bank of America Corp DE, raised its position in Americas Silver by a staggering 273,321.1% during the last quarter. According to their latest Form 13F filing with the Securities and Exchange Commission (SEC), they acquired an additional 207,724 shares, bringing their total ownership to 207,800 shares, valued at around $78,000. Presently, institutional investors hold about 13.38% of the company's stock.

About Americas Silver Corporation

Americas Gold and Silver Corporation is engaged in the exploration, evaluation, development, and operation of mineral properties. The company primarily focuses on mining for silver but also explores for lead, zinc, and copper. Its principal assets include 100% interests in the Cosalá Operations, which consist of 67 mining concessions covering approximately 19,385 hectares in Sinaloa, Mexico, and the Galena Complex located in Wallace, Idaho, USA.

Conclusion

The announcement of earnings from Americas Silver is anticipated to provide insights into the company's performance and market positioning. Investors are closely monitoring these developments as they may influence future trading decisions.

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