Does Americas Gold and Silver Corp (USAS)’s Current Price Volatility Hinder Its Future Potential?

Americas Gold and Silver Corp (AMEX:USAS) has a beta value of 1.17 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $108.10M, closed the recent trade at $0.37 per share which meant it lost -$0.01 on the day or -2.01% during that session. The USAS stock price is -45.95% off its 52-week high price of $0.54 and 45.95% above the 52-week low of $0.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.61 million shares traded. The 3-month trading volume is 1.38 million shares.

The consensus among analysts is that Americas Gold and Silver Corp (USAS) is Buy stock at the moment, with a recommendation rating of 2.20. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

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

Sporting -2.01% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the USAS stock price touched $0.37 or saw a rise of 11.9%. Year-to-date, Americas Gold and Silver Corp shares have moved 47.40%, while the 5-day performance has seen it change -10.09%. Over the past 30 days, the shares of Americas Gold and Silver Corp (AMEX:USAS) have changed -7.42%. Short interest in the company has seen 0.31 million shares shorted with days to cover at 0.25.

Wall Street analysts have a consensus price target for the stock at $0.7, which means that the shares’ value could jump 47.14% from the levels at last check today. The projected low price target is $0.7 while the price target rests at a high of $0.7. In that case, then, we find that the latest price level in today’s session is -89.19% off the targeted high while a plunge would see the stock gain -89.19% from the levels at last check today.

Americas Gold and Silver Corp (USAS) estimates and forecasts

Figures show that Americas Gold and Silver Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 29.37% over the past 6 months, with this year growth rate of 12.50%, compared to 7.40% for the industry. Revenue growth from the last financial year stood is estimated to be 20.42%.

1 analysts offering their estimates for the company have set an average revenue estimate of 43.02M for the current quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.10% over the past 5 years.

USAS Dividends

Americas Gold and Silver Corp is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 0.82% of the company shares, while shares held by institutions stand at 19.03% with a share float percentage of 19.19%. Investors are also buoyed by the number of investors in a company, with Americas Gold and Silver Corp having a total of 62.0 institutions that hold shares in the company. The top two institutional holders are TOROSO INVESTMENTS, LLC with over 6.9 million shares worth more than $1.65 million. As of 2024-06-30, TOROSO INVESTMENTS, LLC held 3.1086% of shares outstanding.

The other major institutional holder is MILLENNIUM MANAGEMENT LLC, with the holding of over 3.32 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.8 million and represent 1.4941% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Amplify ETF Tr-Amplify Junior Silver Miners ETF and ASA Gold & Precious Metals Limited. As of Sep 30, 2024, the former fund manager holds about 2.39% shares in the company for having 6.9 shares of worth $2.57 million while later fund manager owns 2.7 shares of worth $1.01 million as of Aug 31, 2024, which makes it owner of about 0.94% of company’s outstanding stock.