Cormark Has Negative View of Americas Silver FY2025 Earnings

Americas Silver Corp (NYSEAMERICAN:USAS) – Research analysts at Cormark decreased their FY2025 earnings estimates for shares of Americas Silver in a research note issued on Monday, May 12th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of ($0.04) for the year, down from their prior forecast of ($0.02). Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Americas Silver’s current full-year earnings is ($0.11) per share.

Separately, HC Wainwright boosted their price objective on shares of Americas Silver from $0.90 to $1.00 and gave the company a “buy” rating in a research report on Friday, March 28th.

Americas Silver Stock Up 6.6%

Shares of NYSEAMERICAN:USAS opened at $0.57 on Thursday. The stock has a market cap of $141.64 million, a PE ratio of -3.18 and a beta of 1.20. The stock has a fifty day simple moving average of $0.55. Americas Silver has a 52 week low of $0.21 and a 52 week high of $0.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.42.

Hedge Funds Weigh In On Americas Silver

Hedge funds have recently modified their holdings of the company. XTX Topco Ltd boosted its stake in shares of Americas Silver by 494.6% during the 1st quarter. XTX Topco Ltd now owns 122,207 shares of the company’s stock valued at $64,000 after purchasing an additional 101,655 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Americas Silver in the fourth quarter worth about $47,000. American Century Companies Inc. purchased a new stake in Americas Silver in the fourth quarter worth about $73,000. Bank of America Corp DE grew its holdings in Americas Silver by 273,321.1% in the fourth quarter. Bank of America Corp DE now owns 207,800 shares of the company’s stock worth $78,000 after purchasing an additional 207,724 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in Americas Silver in the fourth quarter worth about $94,000. Hedge funds and other institutional investors own 13.38% of the company’s stock.

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.