Americas Silver (TSE:USA) Shares Up 12.3%

Americas Silver Corp (TSE:USA)’s stock price rose 12.3% during trading on Thursday . The stock traded as high as C$0.37 and last traded at C$0.37. Approximately 192,140 shares changed hands during trading, a decline of 9% from the average daily volume of 210,025 shares. The stock had previously closed at C$0.33.

Americas Silver Trading Up 13.8 %

The stock has a market capitalization of C$92.88 million, a price-to-earnings ratio of -1.30 and a beta of 1.44. The company has a 50 day moving average of C$0.39 and a 200 day moving average of C$0.34. The company has a debt-to-equity ratio of 31.10, a quick ratio of 0.19 and a current ratio of 0.44.

Americas Silver (TSE:USA) last posted its quarterly earnings results on Wednesday, May 15th. The company reported C($0.08) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.07). Americas Silver had a negative return on equity of 55.44% and a negative net margin of 45.63%. The company had revenue of C$24.72 million for the quarter. On average, research analysts predict that Americas Silver Corp will post -0.08 EPS for the current fiscal year.

About Americas Silver

Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.