Wednesday, January 27, 2021

Americas Gold and Silver Corporation [USAS] Stock trading around $3.02 per share: What’s Next?

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Americas Gold and Silver Corporation [AMEX: USAS] loss -10.91% or -0.37 points to close at $3.02 with a heavy trading volume of 2376257 shares. The company report on January 7, 2021 that Americas Gold and Silver Corporation Provides an Update on the Galena Complex and Relief Canyon Mine.

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Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas”, “Americas Gold and Silver” or the “Company”), a growing North American precious metals producer, is pleased to provide an update on the Galena Complex and the Relief Canyon mine.


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Highlights.

It opened the trading session at $3.23, the shares rose to $3.27 and dropped to $2.95, the range by which the price of stock traded the whole day. The daily chart for USAS points out that the company has recorded 22.76% gains over the past six months. However, it is still -202.0% lower than its most recent low trading price.

If we look at the average trading volume of 909.40K shares, USAS reached to a volume of 2376257 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Americas Gold and Silver Corporation [USAS]:

ROTH Capital have made an estimate for Americas Gold and Silver Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 30, 2020.

The Average True Range (ATR) for Americas Gold and Silver Corporation is set at 0.17, with the Price to Sales ratio for USAS stock in the period of the last 12 months amounting to 11.02. The Price to Book ratio for the last quarter was 2.04.

Trading performance analysis for USAS stock

Americas Gold and Silver Corporation [USAS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.50. With this latest performance, USAS shares gained by 4.86% in over the last four-week period, additionally plugging by 22.76% over the last 6 months – not to mention a rise of 5.59% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for USAS stock in for the last two-week period is set at 49.82, with the RSI for the last a single of trading hit 44.51, and the three-weeks RSI is set at 51.69 for Americas Gold and Silver Corporation [USAS]. The present Moving Average for the last 50 days of trading for this stock 2.85, while it was recorded at 3.32 for the last single week of trading, and 2.66 for the last 200 days.

Americas Gold and Silver Corporation [USAS]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Americas Gold and Silver Corporation [USAS] shares currently have an operating margin of -41.30 and a Gross Margin at -24.68. Americas Gold and Silver Corporation’s Net Margin is presently recorded at -55.90.

Return on Total Capital for USAS is now -19.13, given the latest momentum, and Return on Invested Capital for the company is -28.97. Return on Equity for this stock declined to -31.09, with Return on Assets sitting at -18.31. When it comes to the capital structure of this company, Americas Gold and Silver Corporation [USAS] has a Total Debt to Total Equity ratio set at 12.30. Additionally, USAS Total Debt to Total Capital is recorded at 10.95, with Total Debt to Total Assets ending up at 6.73. Long-Term Debt to Equity for the company is recorded at 7.88, with the Long-Term Debt to Total Capital now at 7.00.

Reflecting on the efficiency of the workforce at the company, Americas Gold and Silver Corporation [USAS] managed to generate an average of -$68,883 per employee. Receivables Turnover for the company is 7.75 with a Total Asset Turnover recorded at a value of 0.33.

An analysis of insider ownership at Americas Gold and Silver Corporation [USAS]

There are presently around $84 million, or 26.77% of USAS stock, in the hands of institutional investors. The top three institutional holders of USAS stocks are: VAN ECK ASSOCIATES CORP with ownership of 6,643,465, which is approximately 24.575% of the company’s market cap and around 4.67% of the total institutional ownership; MERK INVESTMENTS LLC, holding 3,696,400 shares of the stock with an approximate value of $11.16 million in USAS stocks shares; and MIRAE ASSET GLOBAL INVESTMENTS CO., LTD., currently with $6.6 million in USAS stock with ownership of nearly 31.595% of the company’s market capitalization.

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Positions in Americas Gold and Silver Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 26 institutional holders increased their position in Americas Gold and Silver Corporation [AMEX:USAS] by around 9,646,266 shares. Additionally, 23 investors decreased positions by around 1,934,405 shares, while 9 investors held positions by with 16,109,269 shares. The mentioned changes placed institutional holdings at 27,689,940 shares, according to the latest SEC report filing. USAS stock had 11 new institutional investments in for a total of 2,593,403 shares, while 12 institutional investors sold positions of 903,213 shares during the same period.

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