Americas Silver (USAS) Expected to Announce Earnings on Thursday

Americas Silver (NYSEAMERICAN:USAS) is anticipated to issue its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.00 per share and revenue of $31.39 million for the quarter.

Americas Silver Stock Performance

Shares of USAS stock opened at $0.57 on Wednesday. Americas Silver has a twelve month low of $0.20 and a twelve month high of $0.60. The firm has a market capitalization of $140.13 million, a PE ratio of -3.14 and a beta of 1.20. The company has a quick ratio of 0.28, a current ratio of 0.42 and a debt-to-equity ratio of 0.18.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Americas Silver stock. Bank of America Corp DE boosted its holdings in Americas Silver Corp (NYSEAMERICAN:USAS) by 273,321.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,800 shares of the company’s stock after buying an additional 207,724 shares during the period. Bank of America Corp DE owned approximately 0.08% of Americas Silver worth $78,000 as of its most recent SEC filing. Institutional investors own 13.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on USAS shares. HC Wainwright cut their price target on Americas Silver from $1.00 to $0.90 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a research note on Thursday, January 23rd.

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.