Americas Silver Corp (TSE:USA) Forecasted to Post Q1 2024 Earnings of ($0.01) Per Share

Americas Silver Corp (TSE:USA) – Investment analysts at Cormark upped their Q1 2024 EPS estimates for Americas Silver in a research note issued to investors on Monday, May 6th. Cormark analyst R. Gray now expects that the company will post earnings per share of ($0.01) for the quarter, up from their previous estimate of ($0.05). The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share. Cormark also issued estimates for Americas Silver’s Q2 2024 earnings at ($0.01) EPS, Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.04) EPS.

Americas Silver (TSE:USA) last issued its quarterly earnings data on Thursday, March 28th. The company reported C($0.05) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.01). Americas Silver had a negative return on equity of 41.38% and a negative net margin of 42.97%. The company had revenue of C$34.04 million for the quarter.

Americas Silver Stock Up 9.7 %

Shares of Americas Silver stock opened at C$0.40 on Thursday. The company has a market cap of C$85.75 million, a P/E ratio of -1.72 and a beta of 1.51. The company has a debt-to-equity ratio of 23.51, a quick ratio of 0.19 and a current ratio of 0.43. Americas Silver has a one year low of C$0.28 and a one year high of C$0.74. The firm has a fifty day moving average of C$0.33 and a two-hundred day moving average of C$0.33.

Americas Silver Company Profile

Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.