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

Americas Silver Corp (TSE:USA)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.75 and last traded at C$0.74, with a volume of 266463 shares trading hands. The stock had previously closed at C$0.72.

Americas Silver Price Performance

The company has a current ratio of 0.44, a quick ratio of 0.19 and a debt-to-equity ratio of 33.81. The company’s fifty day moving average is C$0.42 and its two-hundred day moving average is C$0.39. The stock has a market cap of C$187.24 million, a price-to-earnings ratio of -3.23 and a beta of 1.56.

Americas Silver (TSE:USA) last posted its quarterly earnings results on Thursday, August 15th. The company reported C($0.03) EPS for the quarter, topping the consensus estimate of C($0.06) by C$0.03. The company had revenue of C$43.27 million during the quarter. Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. As a group, research analysts predict that Americas Silver Corp will post -0.08 earnings per share for the current year.

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.