H.C. Wainwright Sticks to Their Buy Rating for Americas Silver (USAS)

By Jason Carr

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Americas Silver (USASResearch Report) today and set a price target of $4.50. The company’s shares closed last Monday at $2.90.

According to TipRanks.com, Ihle ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -3.2% and a 39.7% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.

Americas Silver has an analyst consensus of Moderate Buy, with a price target consensus of $4.50.

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The company has a one-year high of $3.92 and a one-year low of $1.24. Currently, Americas Silver has an average volume of 372.2K.

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Americas Silver Corp. engages in the acquisition, exploration, development and exploration of mineral resource properties. It focuses its operation in Mexico and the United States. The company was founded by Peter Jude Hawley on May 12, 1998 and is headquartered in Toronto, Canada.