Analysis Of The Weekly Performance Of Americas Gold and Silver Corporation (USAS)

Americas Gold and Silver Corporation (AMEX:USAS) finished Wednesday with a subtraction of -$0.03 to close at $0.46, a downside of -4.89 percent. An average of 579,140 shares of common stock have been traded in the last five days. There was a gain of $0.0775 in the past week, and it reached a new high 24 times over the past 12 months. The last 20 days have seen an average of 546,075 shares traded, while the 50-day average volume stands at 452,378.

USAS stock has decreased by -0.60% in the last month. The company shares reached their 1-month lowest point of $0.3700 on 09/27/22. With the stock rallying to its 52-week high on 03/08/22, shares of the company touched a low of $0.37 and a high of $1.31 in 52 weeks. It has reached a new high 15 times so far this year and lost -42.79% or -$0.3450 in price. In spite of this, the price is down -64.79% from the 52-week high.

Financial Health

Its gross profit as reported stood at -$39.74 million compared to revenue of $44.8 million.

Earnings Surprise

The analyst consensus anticipated Americas Gold and Silver Corporation’s latest quarter earnings to come in at $0 per share, but it turned out to be -$0.01. For the quarter, EBITDA amounted to -$1.85 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Americas Gold and Silver Corporation (USAS) price momentum. RSI 9-day as of the close on 05 October was 55.13%, suggesting the stock is Neutral, with historical volatility in this time frame at 111.52%.

As of today, USAS’s price is $0.4506 +20.19% or $0.0775 from its 5-day moving average. USAS is currently trading -6.81% lower than its 20-day SMA and -32.60% lower than its 100-day SMA. However, the stock’s current price level is -4.87% below the SMA50 and -47.58% below the SMA200.

The stochastic %K and %D were 72.97% and 56.50%, respectively, and the average true range (ATR) was 0.0480. With the 14-day stochastic at 66.50% and the average true range at 0.0458, the RSI (14) stands at 51.27%. The stock has reached 0.0566 on the 9-day MACD Oscillator while the 14-day reading was at 0.0496.

Analyst Ratings

Stifel upgraded Americas Gold and Silver Corporation (AMEX: USAS) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for Americas Gold and Silver Corporation (USAS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell USAS, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.

What is USAS’s price target for the next 12 months?

Analysts predict a range of price targets between $0.58 and $2.00, with a median target of $1.15. Taking a look at these predictions, the average price target given by analysts for Americas Gold and Silver Corporation (USAS) stock is $1.21.

gold
silver