Americas Silver (TSE:USA) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Americas Silver Corp (TSE:USA) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.68 and traded as high as C$0.80. Americas Silver shares last traded at C$0.75, with a volume of 941,503 shares changing hands.

Analyst Ratings Changes

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

Americas Silver Stock Performance

The business has a 50 day moving average price of C$0.68 and a two-hundred day moving average price of C$0.55. The stock has a market cap of C$315.48 million, a P/E ratio of -3.10 and a beta of 1.56. The company has a quick ratio of 0.19, a current ratio of 0.42 and a debt-to-equity ratio of 77.75.

Americas Silver Company Profile

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.