Americas Gold and Silver Corp (AMEX: USAS) is 22.83% higher on its value in year-to-date trading and has touched a low of $0.20 and a high of $0.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The USAS stock was last observed hovering at around $0.31 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.31, the stock is 20.31% and 24.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 0.32% at the moment leaves the stock 23.62% off its SMA200. USAS registered -12.61% loss for a year compared to 6-month gain of 51.60%. The firm has a 50-day simple moving average (SMA 50) of $0.2512 and a 200-day simple moving average (SMA200) of $0.25275.
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The stock witnessed a 17.56% loss in the last 1 month and extending the period to 3 months gives it a 24.80%, and is 17.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.74% over the week and 6.94% over the month.
Fwd P/E is 6.24. Distance from 52-week low is 56.08% and -16.13% from its 52-week high.
Americas Gold and Silver Corp quarterly earnings per share for the current quarter are estimated at -0.01 with sales reaching $28.57M over the same period.The EPS is expected to grow by 37.50% this year, but quarterly earnings will post 24.00% year-over-year. Quarterly sales are estimated to grow 56.50% in year-over-year returns.
62.0 institutions hold shares in Americas Gold and Silver Corp (USAS), with institutional investors hold 18.79% of the company’s shares. The shares outstanding are 263.72M, and float is at 235.39M with Short Float at 0.64%. Institutions hold 18.63% of the Float.
The top institutional shareholder in the company is TOROSO INVESTMENTS, LLC with over 6.9 million shares valued at $1.65 million. The investor’s holdings represent 3.1086 of the USAS Shares outstanding. As of 2024-06-30, the second largest holder is MILLENNIUM MANAGEMENT LLC with 3.32 million shares valued at $0.8 million to account for 1.4941 of the shares outstanding. The other top investors are MERK INVESTMENTS LLC which holds 2.7 million shares representing 1.2171 and valued at over $0.66 million, while WEALTHTRUST AXIOM LLC holds 0.9761 of the shares totaling 2.17 million with a market value of $0.52 million.
