Americas Gold and Silver Corporation (USAS) Reached A New High 5 times During The Past Five Days

At the last check on Thursday, Americas Gold and Silver Corporation’s (AMEX:USAS) stock was up $0.03, moving up 4.68 percent to $0.59. The average number of shares traded per day over the past five days has been 391,947 shares. 5 times new highs have been achieved over the past 5 days, with a $0.0562 gain in that time frame. In the last twenty days, the average volume was 617,202, while in the previous 50 days, it was 514,297.

Since last month, USAS stock rose 28.26%. Shares of the company fell to $0.4000 on 03/17/23, the lowest level in the past month. A 52-week high of $1.14 was reached on 01/13/23 after having rallying from a 52-week low of $0.37. Since the beginning of this year, USAS’s stock price has risen by 3.03% or $0.0259, and marked a new high 6 times. However, the stock has declined by -48.64% since its 52-week high.

Financial Health

Based on annual data, USAS earned $12.92 million in gross profit and brought in $85.02 million in revenue.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Americas Gold and Silver Corporation to report -$0.03 quarterly earnings, the actual figure was -$0.06 per share. During the quarter, the company generated -$3.29 million in EBITDA. The liabilities of Americas Gold and Silver Corporation were 92.23 million at the end of its most recent quarter ended December 30, and its total debt was $15.48 million.

Technical Picture

This quick technical analysis looks at Americas Gold and Silver Corporation’s (USAS) price momentum. With a historical volatility rate of 68.39%, the RSI 9-day stood at 72.71% on 12 April.

With respect to its five-day moving average, the current Americas Gold and Silver Corporation price is up by +10.45% percent or $0.0562. At present, USAS shares trade +27.73% above its 20-day simple moving average and +17.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.67% below its SMA50 and -13.03% below its SMA200.

Stochastic coefficient K was 90.84% and Stochastic coefficient D was 84.74%, while ATR was 0.0418. Given the Stochastic reading of 96.78% for the 14-day period, the RSI (14) reading has been calculated as 66.34%. As of today, the MACD Oscillator reading stands at 0.0291, while the 14-day reading stands at 0.0605.

Analyst Ratings

Stifel upgraded its rating on Americas Gold and Silver Corporation (AMEX: USAS) to a Hold in a note to investors on November 16, 2021. The analysts firm previously had a Sell rating on the stock.Americas Gold and Silver Corporation (USAS) has been rated Overweight by analysts. According to 0 brokerage firms, USAS is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Americas Gold and Silver Corporation stock as buy, with 3 recommending it as overweight.

With a median target price of $1.10, the current consensus forecast for the stock is $0.67 – $1.75. Based on these forecasts, analysts predict Americas Gold and Silver Corporation (USAS) will achieve an average price target of $1.10.

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