Americas Silver (TSE:USA) Reaches New 12-Month High – Still a Buy?

Americas Silver Corp (TSE:USA)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$0.63 and last traded at C$0.60, with a volume of 384893 shares changing hands. The stock had previously closed at C$0.61.

Americas Silver Price Performance

The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19. The business’s fifty day moving average price is C$0.39 and its 200-day moving average price is C$0.38. The stock has a market capitalization of C$168.78 million, a price-to-earnings ratio of -2.68 and a beta of 1.56.

Americas Silver (TSE:USA) last released its quarterly earnings results on Thursday, August 15th. The company reported C($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.06) by C$0.03. The business had revenue of C$43.27 million during the quarter. Americas Silver had a negative return on equity of 55.44% and a negative net margin of 45.63%. On average, research analysts forecast that Americas Silver Corp will post -0.08 EPS for the current year.

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.