Americas Silver (USAS) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research downgraded shares of Americas Silver (NYSEAMERICAN:USAS) from a buy rating to a hold rating in a report published on Friday, November 17th.

According to Zacks, “Americas Silver Corporation is a silver mining company. It primarily owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Mine Complex in Idaho, USA. Americas Silver Corporation is based in TORONTO,ONTARIO. “

Separately, HC Wainwright reissued a buy rating and set a $5.00 target price on shares of Americas Silver in a research report on Wednesday, November 15th.

Shares of Americas Silver (NYSEAMERICAN:USAS) traded down $0.17 during trading hours on Friday, hitting $3.48. The stock had a trading volume of 16,239 shares, compared to its average volume of 44,942. Americas Silver has a 12 month low of $2.11 and a 12 month high of $5.04.

Large investors have recently bought and sold shares of the company. Scotia Capital Inc. raised its stake in shares of Americas Silver by 3.7% in the second quarter. Scotia Capital Inc. now owns 82,163 shares of the company’s stock valued at $231,000 after acquiring an additional 2,942 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in Americas Silver by 268.2% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 301,900 shares of the company’s stock worth $1,244,000 after purchasing an additional 219,900 shares during the last quarter. WealthTrust Axiom LLC raised its position in Americas Silver by 16.0% in the 2nd quarter. WealthTrust Axiom LLC now owns 452,758 shares of the company’s stock worth $1,285,000 after purchasing an additional 62,418 shares during the last quarter. Global X Management Co. LLC bought a new position in Americas Silver in the 2nd quarter worth approximately $1,303,000. Finally, ETF Managers Group LLC bought a new position in Americas Silver in the 2nd quarter worth approximately $1,743,000.

WARNING: “Americas Silver (USAS) Cut to “Hold” at Zacks Investment Research” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another domain, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this article can be read at https://www.dispatchtribunal.com/2017/12/04/americas-silver-co-usas-stock-rating-lowered-by-zacks-investment-research.html.

Get a free copy of the Zacks research report on Americas Silver (USAS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Americas Silver Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americas Silver Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply