During the recent session, Americas Gold and Silver Corp (AMEX:USAS)’s traded shares were 0.5 million, with the beta value of the company hitting 1.23. At the last check today, the stock’s price was $0.54, reflecting an intraday gain of 5.57% or $0.03. The company’s market capitalization is $322.67M, and the average intraday trading volume over the past 10 days was 0.77 million shares, and the average trade volume was 944.48K shares over the past three months.
Americas Gold and Silver Corp (AMEX:USAS) trade information
Americas Gold and Silver Corp (USAS) registered a 5.57% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.57% in intraday trading to $0.54, hitting a weekly high. The stock’s 5-day price performance is 15.52%, and it has moved by 23.40% in 30 days. Based on these gigs, the overall price performance for the year is 145.57%. The short interest in Americas Gold and Silver Corp (AMEX:USAS) is 0.38 million shares and it means that shorts have 0.61 day(s) to cover.
The consensus price target of analysts on Wall Street is $0.7, which implies an increase of 22.86% 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 -29.63% off the target high and -29.63% 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 114.31% during the last six months, with a year-to-date growth rate more than the industry average at 12.50% against 9.30. In the rating firms’ projections, revenue will increase 20.42% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 43.02M as predicted by 1 analyst(s).
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 52.68% of total outstanding shares while institutional holders control 15.90%, with the float percentage being 33.60%. TOROSO INVESTMENTS, LLC is the largest shareholder of the company, while 59.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of Americas Gold and Silver Corp (USAS) shares are Amplify ETF Tr-Amplify Junior Silver Miners ETF and ASA Gold & Precious Metals Limited. Data provided on Sep 30, 2024 indicates that Amplify ETF Tr-Amplify Junior Silver Miners ETF owns about 6.9 shares. This amounts to just over 1.16 percent of the company’s overall shares, with a $3.72 million market value. The same data shows that the other fund manager holds slightly less at 2.7, or about 0.45% of the stock, which is worth about $1.46 million.
