Cormark Comments on Americas Silver Corp’s Q1 2024 Earnings (TSE:USA)

Americas Silver Corp (TSE:USAFree Report) – Cormark increased their Q1 2024 earnings per share estimates for shares of Americas Silver in a note issued to investors on Monday, May 6th. Cormark analyst R. Gray now anticipates that the company will earn ($0.01) per share for the quarter, up from their prior estimate of ($0.05). The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share. Cormark also issued estimates for Americas Silver’s Q2 2024 earnings at ($0.01) EPS, Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.04) EPS.

Americas Silver Price Performance

USA stock opened at C$0.39 on Thursday. The company has a market cap of C$84.66 million, a PE ratio of -1.70 and a beta of 1.51. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 23.51. The stock has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.33. Americas Silver has a 12-month low of C$0.28 and a 12-month high of C$0.69.

Americas Silver (TSE:USAGet Free Report) last issued its quarterly earnings results on Thursday, March 28th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). Americas Silver had a negative return on equity of 41.38% and a negative net margin of 42.97%. The business had revenue of C$34.04 million for the quarter.

Americas Silver Company Profile

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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.

See Also

Earnings History and Estimates for Americas Silver (TSE:USA)

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