In the last trading session, 4.25 million Americas Gold and Silver Corp (AMEX:USAS) shares changed hands as the company’s beta touched 1.29. With the company’s per share price at $0.48 changed hands at $0.06 or 14.29% during last session, the market valuation stood at $124.40M. USAS’s last price was a premium, traded about 4.17% off its 52-week high of $0.46. The share price had its 52-week low at $0.20, which suggests the last value was 58.33% up since then. When we look at Americas Gold and Silver Corp’s average trading volume, we note the 10-day average is 2.39 million shares, with the 3-month average coming to 914.30K.
Analysts gave the Americas Gold and Silver Corp (USAS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended USAS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Americas Gold and Silver Corp’s EPS for the current quarter is expected to be -0.01.
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Americas Gold and Silver Corp (AMEX:USAS) trade information
Instantly USAS was in green as seen at the end of in last trading. With action 18.64%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 88.98%, with the 5-day performance at 18.64% in the green. However, in the 30-day time frame, Americas Gold and Silver Corp (AMEX:USAS) is 71.43% up. Looking at the short shares, we see there were 1.03 million shares sold at short interest cover period of 1.37 days.
The consensus price target for the stock as assigned by Wall Street analysts is 0.7, meaning bulls need an upside of 31.43% from its current market value. According to analyst projections, USAS’s forecast low is 0.7 with 0.7 as the target high. To hit the forecast high, the stock’s price needs a -45.83% plunge from its current level, while the stock would need to soar -45.83% for it to hit the projected low.
Americas Gold and Silver Corp (USAS) estimates and forecasts
Data shows that the Americas Gold and Silver Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 72.66% over the past 6 months, a 37.50% in annual growth rate that is considerably higher than the industry average of 15.70%. Year-over-year growth is forecast to reach 24.00% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 28.57M. 1 analysts are of the opinion that Americas Gold and Silver Corp’s revenue for the current quarter will be 31.39M. The company’s revenue for the corresponding quarters a year ago was 18.26M and 24.99M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 56.50%. The estimates for the next quarter sales put growth at 25.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.10%. The 2024 estimates are for Americas Gold and Silver Corp earnings to increase by 29.90%.
USAS Dividends
Americas Gold and Silver Corp is expected to release its next quarterly earnings report in November.
Americas Gold and Silver Corp (AMEX:USAS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.86% of Americas Gold and Silver Corp shares while 18.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.78%. There are 18.62% institutions holding the Americas Gold and Silver Corp stock share, with TOROSO INVESTMENTS, LLC the top institutional holder. As of 2024-06-30, the company held 3.1086% of the shares, roughly 6.9 million USAS shares worth $1.65 million.
MILLENNIUM MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 1.4941% or 3.32 million shares worth $0.8 million as of 2024-06-30.