Americas Gold and Silver Corporation (USAS): The long term indicators on the stock call for a Sell today

Americas Gold and Silver Corporation (USAS) saw downtrend of -3.06% in the recent trading with $0.24 being its most recent. The current price level -59.83% lower than the highest price of $0.60 marked by the stock while trading over the past 52-weeks, whereas it is 20.56% higher than the lowest price of $0.20 the company dropped to over past 52-weeks. The latest news story on USAS appeared in (Business Wire) under the title “Americas Gold and Silver Corporation Reports Full-Year 2023 Results”.

Squeezing the time span to 30 day period shows us the stock is currently trading -12.74% below one month high and is +20.50% above of the lowest during that time. Looking into the simple moving average, Americas Gold and Silver Corporation (USAS)’s stock stands at a SMA-50 of $0.2237 while that of 5-day is reading $0.2298.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and USAS’s SMA-200 as of now is $0.2967.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

Americas Gold and Silver Corporation Earnings – What Happened With USAS

Coming around sales and income figures on USAS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Americas Gold and Silver Corporation (USAS) last released financial results for the quarter that ended 12/30/2023, posting a surprise factor of -33.30% for net revenue.

USAS – Americas Gold and Silver Corporation Stock Earnings Estimates

The perspective of Americas Gold and Silver Corporation (AMEX:USAS)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.03 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.04.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 217.08 million. USAS does have institutional investors; and they hold 23.24% of the stock.

Americas Gold and Silver Corporation – Insider Activity and Holdings

As on Jun 29, 2023, Van Eck Associates Corporation was the top most holder in Americas Gold and Silver Corporation (AMEX:USAS) with an ownership of 10.76 million shares of the company or 4.96% of the stake worth $3.8 million. The filing also reveals Lynwood Capital Management Inc. as the second largest holder in the company with a control over 3.82% of the outstanding shares. Its stake is worth $2.93 million for having 8.29 million shares in hand.

ETF Managers Group, LLC also came holding a key position in the company during the recent quarter and it now holds 2.38% of the outstanding shares. With this there are now 50 institutions which have possession in USAS’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

Technical Analysis of Americas Gold and Silver Corporation (AMEX:USAS) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Americas Gold and Silver Corporation (USAS), we notice that the stock’s 20-day average volume is at 2,230,275 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,274,464 shares. And to end, USAS’s 100-day average volume is 925,908 shares with 50% of the long-term indicators pointing towards Sell for the stock.