Americas Gold and Silver Corp (AMEX:USAS) price on Thursday, March 20, rose 4.94% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.59.
A look at the stock’s price movement, the close in the last trading session was $0.56, moving within a range at $0.5491 and $0.5948. The beta value (5-Year monthly) was 1.604. Turning to its 52-week performance, $0.60 and $0.20 were the 52-week high and 52-week low respectively. Overall, USAS moved 7.66% over the past month.
Americas Gold and Silver Corp’s market cap currently stands at around $348.77 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-06.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 150.02M, representing a 23.70% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that USAS is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend USAS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
USAS’s current price about 16.28% and 15.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.90, while 7-day volatility ratio is 6.81% and 8.38% in the 30-day chart. Further, Americas Gold and Silver Corp (USAS) has a beta value of 0.87, and an average true range (ATR) of 0.04. Analysts have given the company’s stock an average 52-week price target of $0.7, forecast between a low of $0.7 and high of $0.7. Looking at the price targets, the low is -18.64% off current price level while to achieve the yearly target high, price needs to move -18.64%. Nonetheless, investors will most likely welcome a -18.64% jump to $0.7 which is the analysts’ median price.
If we refocus on Americas Gold and Silver Corp (AMEX:USAS), historical trading data shows that trading volumes averaged 1.2 over the past 10 days and 938.25K over the past 3 months. The company’s latest data on shares outstanding shows there are 262.63 million shares.
The 6.20% of Americas Gold and Silver Corp’s shares are in the hands of company insiders while institutional holders own 24.50% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.61 million on 2025-02-28, giving us a short ratio of 0.53. The data shows that as of 2025-02-28 short interest in Americas Gold and Silver Corp (USAS) stood at 11.0 of shares outstanding, with shares short rising to 0.36 million registered in 2025-01-31. Current price change has pushed the stock 56.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the USAS stock continues to rise going into the next quarter.
