Americas Silver (NYSEAMERICAN:USAS) released its earnings results on Monday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.14), MarketWatch Earnings reports. The company had revenue of $11.73 million during the quarter, compared to analysts’ expectations of $25.88 million.
NYSEAMERICAN USAS traded down $0.04 during trading on Tuesday, reaching $2.13. 528 shares of the company’s stock were exchanged, compared to its average volume of 50,340. Americas Silver has a 1 year low of $2.00 and a 1 year high of $4.65.
A number of analysts have issued reports on the company. HC Wainwright set a $5.00 price target on Americas Silver and gave the stock a “buy” rating in a report on Friday, July 20th. Zacks Investment Research downgraded Americas Silver from a “hold” rating to a “sell” rating in a report on Friday, October 12th.
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About Americas Silver
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 Señora 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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