Americas Silver (TSE:USA) Trading Up 12.3%

Americas Silver Corp (TSE:USA) shares rose 12.3% during mid-day trading on Thursday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 192,140 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 210,025 shares. The stock had previously closed at C$0.33.

Americas Silver Price Performance

The business’s 50-day simple moving average is C$0.39 and its 200 day simple moving average is C$0.34. The company has a market capitalization of C$92.88 million, a P/E ratio of -1.30 and a beta of 1.44. The company has a current ratio of 0.44, a quick ratio of 0.19 and a debt-to-equity ratio of 31.10.

Americas Silver (TSE:USA) last issued its quarterly earnings results on Wednesday, May 15th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.01) by C($0.07). Americas Silver had a negative net margin of 45.63% and a negative return on equity of 55.44%. The firm had revenue of C$24.72 million for the quarter. As a group, sell-side analysts anticipate that Americas Silver Corp will post -0.08 EPS for the current year.

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.