Americas Silver (TSE:USA) Hits New 12-Month High – What’s Next?

Americas Silver Corp (TSE:USA) shares hit 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 traded. The stock had previously closed at C$0.61.

Americas Silver Price Performance

The firm has a market capitalization of C$163.51 million, a PE ratio of -2.77 and a beta of 1.56. The company has a 50-day moving average price of C$0.38 and a 200-day moving average price of C$0.37. The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19.

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

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.