Shares of Americas Silver Corp (NYSEAMERICAN:USAS) have been given a consensus rating of “Buy” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $6.38.

A number of brokerages have weighed in on USAS. Laurentian reaffirmed a “buy” rating and issued a $8.65 price objective on shares of Americas Silver in a report on Wednesday, August 19th. HC Wainwright reaffirmed a “buy” rating and issued a $5.25 price objective (up previously from $4.25) on shares of Americas Silver in a report on Friday, August 21st. Desjardins reissued a “buy” rating on shares of Americas Silver in a research note on Thursday, May 28th. Alliance Global Partners boosted their price target on Americas Silver from $3.60 to $5.25 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Finally, Zacks Investment Research raised Americas Silver from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th.

Shares of NYSEAMERICAN USAS remained flat at $$3.07 during midday trading on Friday. The company had a trading volume of 101,449 shares, compared to its average volume of 1,168,610. Americas Silver has a 52-week low of $1.00 and a 52-week high of $3.90.

Americas Silver (NYSEAMERICAN:USAS) last released its quarterly earnings results on Monday, August 17th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.04). The company had revenue of $4.60 million during the quarter, compared to analysts’ expectations of $6.20 million.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Two Sigma Advisers LP increased its holdings in shares of Americas Silver by 1.0% during the 2nd quarter. Two Sigma Advisers LP now owns 367,800 shares of the company’s stock worth $971,000 after buying an additional 3,700 shares during the last quarter. TD Asset Management Inc. increased its holdings in shares of Americas Silver by 15.7% during the 2nd quarter. TD Asset Management Inc. now owns 62,780 shares of the company’s stock worth $163,000 after buying an additional 8,518 shares during the last quarter. Marshall Wace North America L.P. acquired a new stake in shares of Americas Silver during the 2nd quarter worth $34,000. National Asset Management Inc. increased its holdings in shares of Americas Silver by 32.0% during the 2nd quarter. National Asset Management Inc. now owns 82,500 shares of the company’s stock worth $218,000 after buying an additional 20,000 shares during the last quarter. Finally, Parallel Advisors LLC acquired a new stake in shares of Americas Silver during the 2nd quarter worth $58,000.

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.

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Analyst Recommendations for Americas Silver (NYSEAMERICAN:USAS)

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