Americas Silver Corp (TSE:USA – Get Free Report) shares traded down 11% on Monday . The company traded as low as C$0.32 and last traded at C$0.33. 103,153 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 91,319 shares. The stock had previously closed at C$0.37.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. Stifel Canada lowered shares of Americas Silver from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Stifel Nicolaus lowered shares of Americas Silver from a “hold” rating to a “sell” rating and dropped their target price for the stock from C$0.60 to C$0.25 in a research report on Thursday, November 16th.
Americas Silver Stock Down 12.3 %
The company has a market cap of C$69.47 million, a PE ratio of -1.59 and a beta of 1.51. The company’s 50 day moving average is C$0.30 and its 200 day moving average is C$0.38. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 23.51.
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.