U S Global Investors Inc. Invests $382,000 in Americas Silver Corp (NYSEAMERICAN:USAS)

U S Global Investors Inc. bought a new position in shares of Americas Silver Corp (NYSEAMERICAN:USAS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,000,000 shares of the company’s stock, valued at approximately $382,000. U S Global Investors Inc. owned approximately 0.40% of Americas Silver at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of USAS. XTX Topco Ltd purchased a new stake in Americas Silver during the 3rd quarter worth approximately $26,000. Alpha Cubed Investments LLC purchased a new stake in shares of Americas Silver during the fourth quarter worth approximately $274,000. Hollencrest Capital Management raised its holdings in Americas Silver by 34.4% in the third quarter. Hollencrest Capital Management now owns 1,217,076 shares of the company’s stock valued at $372,000 after acquiring an additional 311,648 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Americas Silver in the third quarter worth approximately $631,000. Finally, Sprott Inc. acquired a new position in Americas Silver during the 4th quarter worth approximately $2,099,000. 13.38% of the stock is owned by institutional investors and hedge funds.

Americas Silver Price Performance

Shares of NYSEAMERICAN USAS opened at $0.47 on Friday. The stock has a market cap of $115.38 million, a PE ratio of -2.59 and a beta of 1.20. Americas Silver Corp has a fifty-two week low of $0.20 and a fifty-two week high of $0.60. The company has a current ratio of 0.42, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18.

Analyst Upgrades and Downgrades

Separately, Cormark raised shares of Americas Silver to a “moderate buy” rating in a research report on Thursday, January 23rd.

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.