Americas Silver Corp (NYSEAMERICAN:USAS) – Equities research analysts at Clarus Securities upped their FY2020 EPS estimates for shares of Americas Silver in a research report issued on Tuesday, November 6th. Clarus Securities analyst J. Spratt now anticipates that the company will post earnings of $0.34 per share for the year, up from their prior estimate of $0.32.
USAS has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Americas Silver from a “hold” rating to a “strong sell” rating and set a $3.50 price objective for the company. in a research report on Sunday, July 15th. HC Wainwright set a $5.00 price objective on shares of Americas Silver and gave the company a “buy” rating in a research report on Friday, July 20th.
Americas Silver (NYSEAMERICAN:USAS) last posted its earnings results on Monday, November 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.14). The business had revenue of $11.73 million for the quarter, compared to analyst estimates of $25.88 million.
An institutional investor recently raised its position in Americas Silver stock. Global X Management Co LLC lifted its position in shares of Americas Silver Corp (NYSEAMERICAN:USAS) by 7.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 626,705 shares of the company’s stock after buying an additional 42,440 shares during the quarter. Global X Management Co LLC owned approximately 1.47% of Americas Silver worth $1,958,000 at the end of the most recent quarter.
Americas Silver Company Profile
Americas Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of precious metals and polymetallic mineral properties in the Americas. It principally owns 100% interests in the Nuestra SeÃ±ora silver-zinc-copper-lead mine, San Rafael silver-zinc-lead mine, and Zone 120 silver-copper exploration project located in Sinaloa, Mexico.
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