Q1 2024 Earnings Estimate for Americas Silver Corp Issued By Cormark (TSE:USA)

Americas Silver Corp (TSE:USA) – Equities researchers at Cormark cut their Q1 2024 earnings per share (EPS) estimates for shares of Americas Silver in a report issued on Monday, April 22nd. Cormark analyst R. Gray now anticipates that the company will post earnings of ($0.05) per share for the quarter, down from their previous forecast of ($0.03). The consensus estimate for Americas Silver’s current full-year earnings is ($0.08) per share.

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

Americas Silver Stock Performance

Shares of TSE USA opened at C$0.37 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 23.51. The business’s 50 day moving average is C$0.32 and its two-hundred day moving average is C$0.33. The company has a market cap of C$79.23 million, a P/E ratio of -1.59 and a beta of 1.51. Americas Silver has a 12 month low of C$0.28 and a 12 month high of C$0.76.

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.