Americas Silver (TSE:USA) Trading Up 2% – Still a Buy?

Americas Silver Corp (TSE:USAGet Free Report) was up 2% during trading on Wednesday . The company traded as high as C$0.53 and last traded at C$0.52. Approximately 436,655 shares changed hands during trading, an increase of 71% from the average daily volume of 255,096 shares. The stock had previously closed at C$0.51.

Americas Silver Price Performance

The company’s fifty day moving average is C$0.55 and its two-hundred day moving average is C$0.43. The firm has a market cap of C$160.87 million, a price-to-earnings ratio of -2.77 and a beta of 1.56. The company has a debt-to-equity ratio of 33.81, a quick ratio of 0.19 and a current ratio of 0.44.

Americas Silver Company Profile

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

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