Americas Gold and Silver Corp (AMEX: USAS): Can The Stock Still Lose Despite An 53.54% YTD Gain?

NOVA

Americas Gold and Silver Corp (AMEX:USAS)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 1.17. At the close of trading, the stock’s price was $0.39, to imply a decrease of -3.23% or -$0.01 in intraday trading. The USAS share’s 52-week high remains $0.54, putting it -38.46% down since that peak but still an impressive 48.72% since price per share fell to its 52-week low of $0.20. The company has a valuation of $116.06M, with an average of 0.7 million shares in intraday trading volume over the past 10 days and average of 1.39 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Americas Gold and Silver Corp (USAS), translating to a mean rating of 2.20. Of 2 analyst(s) looking at the stock, 1 analyst(s) give USAS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Americas Gold and Silver Corp (AMEX:USAS) trade information

After registering a -3.23% downside in the last session, Americas Gold and Silver Corp (USAS) has traded red over the past five days. The 5-day price performance for the stock is -5.96%, and -9.30% over 30 days. With these gigs, the year-to-date price performance is 53.54%. Short interest in Americas Gold and Silver Corp (AMEX:USAS) saw shorts transact 2.11 million shares and set a 1.01 days time to cover.

The extremes give us $0.7 and $0.7 for target low and target high price respectively. As such, USAS has been trading -79.49% off suggested target high and -79.49% from its likely low.

Americas Gold and Silver Corp (USAS) estimates and forecasts

Looking at statistics comparing Americas Gold and Silver Corp share performance against respective industry, we note that the company has outperformed competitors. Americas Gold and Silver Corp (USAS) shares are 30.57% up over the last 6 months, with its year-to-date growth rate higher than industry average at 12.50% against 10.10%. The rating firms project that company’s revenue will grow 20.42% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 43.02M.

USAS Dividends

Americas Gold and Silver Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Americas Gold and Silver Corp (AMEX:USAS)’s Major holders

Americas Gold and Silver Corp insiders hold 0.82% of total outstanding shares, with institutional holders owning 19.02% of the shares at 19.17% float percentage. In total, 19.02% institutions holds shares in the company, led by TOROSO INVESTMENTS, LLC. As of 2024-06-30, the company held over 6.9 million shares (or 3.1086% of shares), all amounting to roughly $1.65 million.

The next major institution holding the largest number of shares is MILLENNIUM MANAGEMENT LLC with 3.32 million shares, or about 1.4941% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.8 million.