Americas Silver (NYSEAMERICAN:USAS – Get Rating)‘s stock had its “buy” rating reiterated by equities research analysts at HC Wainwright in a research note issued on Friday, Benzinga reports. They presently have a $1.75 price target on the stock. HC Wainwright’s price objective points to a potential upside of 294.50% from the stock’s current price.
Separately, Desjardins cut their price target on shares of Americas Silver from C$1.30 to C$1.00 in a research note on Thursday.
Americas Silver Price Performance
NYSEAMERICAN:USAS opened at $0.44 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.54 and a debt-to-equity ratio of 0.07. Americas Silver has a fifty-two week low of $0.37 and a fifty-two week high of $1.20.
Hedge Funds Weigh In On Americas Silver
Americas Silver Company Profile
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.
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