H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Americas Gold and Silver (USAS – Research Report) today and set a price target of $2.00. The company’s shares closed yesterday at $0.38.
Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Golden Minerals Co, and Americas Gold and Silver. According to TipRanks, Ihle has an average return of -18.9% and a 21.04% success rate on recommended stocks.
Currently, the analyst consensus on Americas Gold and Silver is a Moderate Buy with an average price target of $1.05.
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USAS market cap is currently $81.72M and has a P/E ratio of -1.42.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USAS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Americas Silver Corp. engages in the acquisition, exploration, development and exploration of mineral resource properties. It focuses its operation in Mexico and the United States. The company was founded by Peter Jude Hawley on May 12, 1998 and is headquartered in Toronto, Canada.
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