Cormark Forecasts Americas Silver FY2024 Earnings

Americas Silver Corp (TSE:USA) – Stock analysts at Cormark issued their FY2024 earnings per share (EPS) estimates for shares of Americas Silver in a research note issued on Thursday, January 23rd. Cormark analyst N. Dion anticipates that the company will post earnings per share of ($0.10) for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share. Cormark also issued estimates for Americas Silver’s FY2025 earnings at ($0.03) EPS and FY2026 earnings at $0.00 EPS.

Americas Silver Stock Performance

TSE USA opened at C$0.74 on Monday. The company has a fifty day moving average price of C$0.60 and a 200-day moving average price of C$0.49. The firm has a market cap of C$195.15 million, a price-to-earnings ratio of -3.36 and a beta of 1.56. The company has a debt-to-equity ratio of 33.81, a current ratio of 0.44 and a quick ratio of 0.19. Americas Silver has a 1 year low of C$0.28 and a 1 year high of C$0.77.

Americas Silver (TSE:USA) last released its quarterly earnings results on Thursday, November 7th. The company reported C($0.07) earnings per share (EPS) for the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%.

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.