Americas Gold and Silver Corp (AMEX: USAS) Has Been Rising 63.13% Since The Beginning Of The Year. Troubles Ahead?

During the last session, Americas Gold and Silver Corp (AMEX:USAS)’s traded shares were 0.33 million, with the beta value of the company hitting 1.17. At the end of the trading day, the stock’s price was $0.40, reflecting an intraday gain of 1.44% or $0.01. The 52-week high for the USAS share is $0.54, that puts it down -35.0 from that peak though still a striking 50.0% gain since the share price plummeted to a 52-week low of $0.20. The company’s market capitalization is $115.69M, and the average intraday trading volume over the past 10 days was 0.57 million shares, and the average trade volume was 1.34 million shares over the past three months.

Americas Gold and Silver Corp (USAS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. USAS has a Sell rating from 1 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

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

Americas Gold and Silver Corp (USAS) registered a 1.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.44% in intraday trading to $0.40, hitting a weekly high. The stock’s 5-day price performance is 4.93%, and it has moved by -4.67% in 30 days. Based on these gigs, the overall price performance for the year is 63.13%. The short interest in Americas Gold and Silver Corp (AMEX:USAS) is 0.16 million shares and it means that shorts have 0.17 day(s) to cover.

The consensus price target of analysts on Wall Street is $0.7, which implies an increase of 42.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.7 and $0.7 respectively. As a result, USAS is trading at a discount of -75.0% off the target high and -75.0% off the low.

Americas Gold and Silver Corp (USAS) estimates and forecasts

Statistics show that Americas Gold and Silver Corp has outperformed its competitors in share price, compared to the industry in which it operates. Americas Gold and Silver Corp (USAS) shares have gone up 53.69% during the last six months, with a year-to-date growth rate more than the industry average at 12.50% against 7.90.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 8.10%. While earnings are projected to return 29.90% in 2025.

USAS Dividends

Americas Gold and Silver Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Americas Gold and Silver Corp insiders own 92.82% of total outstanding shares while institutional holders control 15.93%, with the float percentage being 221.94%. TOROSO INVESTMENTS, LLC is the largest shareholder of the company, while 61.0 institutions own stock in it. As of 2024-06-30, the company held over 6.9 million shares (or 3.1086% of all shares), a total value of $1.65 million in shares.

The next largest institutional holding, with 3.32 million shares, is of MILLENNIUM MANAGEMENT LLC’s that is approximately 1.4941% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.8 million.