With over 1.0 million Americas Gold and Silver Corporation (USAS) shares trading Tuesday and a closing price of $2.98 on the day, the dollar volume was approximately $2.98 million. The shares have shown a positive weekly performance of 9.56% and its price on 09/01/20 gained nearly 0.68%. Currently, there are 106.01M common shares owned by the public and among those 102.01M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for USAS have a consensus price objective of $5.52. The analysts have set the share’s price value over the next 12 months at a high of $6.47 and a low of $4.21 should the stock experience a downside. Incidentally, analysts’ outlook for the Americas Gold and Silver Corporation stock is 2.00 for the next 12 months. But an upside of 53.94% will see the stock hit the forecast high price target while mean target price for the stock is $5.42.
The top 3 mutual fund holders in Americas Gold and Silver Corporation are VanEck Vectors – Junior Gold Mine, ASA Gold & Precious Metals Ltd., and Global X Silver Miners ETF. VanEck Vectors – Junior Gold Mine owns 5.28 million shares of the company’s stock, all valued at over $17.74 million. The company bought an additional 69455.0 shares recently to bring their total holdings to about 4.98% of the shares outstanding. ASA Gold & Precious Metals Ltd. sold -0.11 million shares to see its total holdings shrink to 2.97 million shares valued at over $9.99 million and representing 2.80% of the shares outstanding. Global X Silver Miners ETF bought 28050.0 shares to bring its total holdings to over 2.1 million shares at a value of $7.04 million. Global X Silver Miners ETF now owns shares totaling to 1.98% of the shares outstanding.
Shares of Americas Gold and Silver Corporation (AMEX: USAS) opened at $3.03, up $0.07 from a prior closing price of $2.96. However, the script later closed the day at $2.98, up 0.68%. The company’s stock has a 5-day price change of 9.56% and 20.65% over the past three months. USAS shares are trading -5.99% year to date (YTD), with the 12-month market performance down to -17.22% lower. It has a 12-month low price of $1.00 and touched a high of $3.90 over the same period. Currently, 1.0 million shares have been traded, compared to an average intraday trading volume of 1.45 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.36%, 1.49%, and 15.22% respectively.
Institutional ownership of Americas Gold and Silver Corporation (AMEX: USAS) shares accounts for 21.83% of the company’s 106.01M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $315.91M. The earnings-per-share (ttm) stands at -$0.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.24% over the week and 6.06% over the month.
Analysts forecast that Americas Gold and Silver Corporation (USAS) will achieve an EPS of -$0.01 for the current quarter, $0.07 for the next quarter and $0.3 for 2018. The lowest estimate earnings-per-share for the quarter is -$0.04 while analysts give the company a high EPS estimate of $0.02.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Americas Gold and Silver Corporation (USAS) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 4 Wall Street analysts polled rate the stock as a buy, while 0 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”