Americas Silver (TSE:USA) Reaches New 52-Week High – Time to Buy?

Americas Silver Corp (TSE:USA) shares reached a new 52-week high on Wednesday . The stock 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 firm has a market cap of C$168.78 million, a PE ratio of -2.68 and a beta of 1.56. 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 is C$0.39 and its 200-day moving average is C$0.38.

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