Americas Silver (TSE:USA) Hits New 12-Month High – Should You Buy?

Shares of Americas Silver Corp (TSE:USA) reached a new 52-week high on Thursday . The company traded as high as C$0.85 and last traded at C$0.84, with a volume of 1283673 shares. The stock had previously closed at C$0.83.

Analyst Upgrades and Downgrades

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

Americas Silver Trading Down 2.4 %

The company has a debt-to-equity ratio of 77.75, a quick ratio of 0.19 and a current ratio of 0.42. The business has a fifty day simple moving average of C$0.74 and a 200 day simple moving average of C$0.60. The stock has a market capitalization of C$344.93 million, a price-to-earnings ratio of -3.38 and a beta of 1.56.

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.