Americas Gold and Silver Corp (USAS): The Latest Casualty Of Increased Volatility?

Americas Gold and Silver Corp (AMEX:USAS) does about 912.59K shares in volume on a normal day but saw 1829099 shares change hands in the recent trading day. The company now has a market cap of 58.24M USD. Its current market price is $0.23, marking a decrease of -2.44% compared to the previous close of $0.24. The 52 week high reached by this stock is $0.44 whilst the lowest price level in 52 weeks is $0.20. The script in recent trading has seen the stock touch a high of $0.7 and a low of $0.7.

Americas Gold and Silver Corp (USAS) has a 20-day trading average at $0.2537 and the current price is -46.86% off the 52-week high compared with 16.06% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2734 and its 200-day simple moving average is $0.2551. If we look at the stock’s price movements over the week, volatility stands at 5.89%, which increases to 6.40% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 36.91 to suggest the stock is neutral.

The median price target is 67.14% away from the current levels at $0.7.

1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

Americas Gold and Silver Corp (USAS) stock is down -5.23% over the week and -7.57% over the past month. Its price is -8.66% year-to-date and -39.43% over the past year.

Its 12-month price target is $0.7. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.7, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $0.7.

The beta has a value of 1.27.