Americas Gold and Silver Corp (AMEX:USAS) does about 914.30K shares in volume on a normal day but saw 4253926 shares change hands in the recent trading day. The company now has a market cap of 124.40M USD. Its current market price is $0.48, marking an increase of 14.29% compared to the previous close of $0.42. The 52 week high reached by this stock is $0.46 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 $0.3578 and the current price is 4.39% off the 52-week high compared with 140.12% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2952 and its 200-day simple moving average is $0.2630. If we look at the stock’s price movements over the week, volatility stands at 11.57%, which decreases to 10.10% 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 79.50 to suggest the stock is overbought.
2 analysts observing the Americas Gold and Silver Corp (USAS) stock have set the 12-month price targets for the company’s shares at between $0.7 and $0.7. The median price target is 31.43% away from the current levels at $0.7.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 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.
The current price level is 34.14%, 62.58%, and 82.54% away from its SMA20, SMA50, and SMA200 respectively, with the USAS price moving below the 50-day SMA on current market day. Americas Gold and Silver Corp (USAS) stock is up 18.64% over the week and 71.43% over the past month. Its price is 88.98% year-to-date and 33.33% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of -0.04 below consensus estimates by -0.02. The company’s next earnings report forecasts estimating quarterly EPS at -0.01 and -0.1 for whole year. Expected sales for next quarter are $31.39M, which analysts say will come at $111.07M for the current fiscal year and next year at $170.87M. In addition, estimates put the company’s current quarterly revenue at an average of $28.57M.
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.
Outstanding shares total 263.72M with insiders holding 0.86% of the shares and institutional holders owning 18.62% of the company’s common stock. The company has a return on investment of -27.00% and return on equity of -65.20%. The forward price to earnings ratio is 9.60. The beta has a value of 1.29. Price to book ratio is 2.53 and price to sales ratio is 1.43.
