Americas Silver (NYSEAMERICAN:USAS) Announces Earnings Results, Beats Estimates by $0.02 EPS

Americas Silver (NYSEAMERICAN:USAS – Get Your Free Report ) released its earnings results on Thursday. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02, Zacks reports. Americas Silver had a negative return on equity of 51.42% and a negative net margin of 45.81%. The company had revenue of $31.63 million for the quarter.

Performance of silver stocks in America

Shares of Americas Silver stock opened at $0.23 on Friday. The stock has a market cap of $61.50 million, a PE ratio of -1.30 and a beta of 1.22. The company has a current ratio of 0.44, a quick ratio of 0.28, and a debt-to-equity ratio of 0.21. Americas Silver has a 52 week low of $0.20 and a 52 week high of $0.44.

Analysts on Wall Street are forecasting an increase

Separately, HC Wainwright reissued a “buy” rating and issued a $0.70 price target on shares of Americas Silver in a report on Friday, July 19th.

Check out our latest report on silver in America

Americas Silver Company Profile

(Get a free report)

Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development and exploitation of mineral properties. The company explores for silver, lead, zinc and copper. It primarily owns 100% interests in the Cosalá Operations, consisting of 67 mining concessions covering approximately 19,385 hectares located in the State of Sinaloa, Mexico; and the Galena Complex located near Wallace, Idaho, United States.

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