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What Are Wall Street’s Thoughts On Americas Gold and Silver Corporation Shares (USAS)?

The stock of Americas Gold and Silver Corporation (AMEX:USAS) increased by $0.05 on Tuesday to $0.60, up 9.59 percent. The last five days have seen an…

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This article was originally published by Fosters Leader

The stock of Americas Gold and Silver Corporation (AMEX:USAS) increased by $0.05 on Tuesday to $0.60, up 9.59 percent. The last five days have seen an average of 831,339 shares of common stock traded. 15 times new highs were reached in the current year, with a fall of -$0.1891. The average number of shares traded over the last 20 days was 433,345, while the average volume over the last 50 days totaled 334,724.

USAS stock appreciated 13.40% since last month. On 11/30/22, the company’s shares reached a one-month low of $0.4500. The stock touched a high of $1.31 on 03/08/22, after rallying from a low of $0.37 in 52 weeks. The price of USAS stock has declined by -31.79% or -$0.1891 this year, reaching a new high 15 times. Still, the stock price is down -53.99% from the 52-week high.

Financial Health

Based on annual data, it had gross profit of -$39.74 million and revenue of $44.8 million.

Earnings Surprise

According to Americas Gold and Silver Corporation’s quarterly financial report for the quarter that ended September 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Americas Gold and Silver Corporation’s quarterly earnings would be -$0.13, but it ended up being -$0.01. EBITDA was -$4.7 million for the quarter. At the end of Americas Gold and Silver Corporation’s most recent quarter ended September 29, its liabilities totaled 81.01 million, while its total debt was $14.39 million.

Technical Picture

Here’s a quick look at Americas Gold and Silver Corporation’s (USAS) price momentum from a technical perspective. As of 19 December, the RSI 9-day stood at 58.70%, suggesting the stock is Neutral, with a 145.72% historical volatility rate.

The stochastic %K and %D were 51.67% and 66.86% respectively, while the average true range (ATR) was 0.0660. Based on the 14-day stochastic reading of 50.00%, the RSI (14) reading is 58.72%. On the 9-day MACD Oscillator, the stock is at 0.0292, and the 14-day reading is at 0.0526.

Analyst Ratings

In its most recent analyst report, Stifel raised its rating on Americas Gold and Silver Corporation (AMEX: USAS) to a Hold. Prior to this, analysts firm rated the stock as a Sell. Analysts have assigned Americas Gold and Silver Corporation (USAS) an Overweight rating. USAS is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 3 others recommend it as a buy.


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