TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Americas Gold and Silver ( (TSE:USA) ) has issued an announcement.
Americas Gold and Silver Corporation has successfully closed a US$132.25 million bought deal financing to fund the acquisition of Crescent Silver, LLC, and support capital expenditures at the Crescent Mine in Idaho. This financing positions the company to advance its production capabilities and undertake significant upgrades at its Galena operations, with expectations of a strong operational year ahead.
The most recent analyst rating on (TSE:USA) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Americas Gold and Silver stock, see the TSE:USA Stock Forecast page.
Spark’s Take on TSE:USA Stock
According to Spark, TipRanks’ AI Analyst, TSE:USA is a Neutral.
The overall stock score is primarily impacted by the company’s significant financial challenges, including persistent losses and negative margins. While technical analysis shows positive momentum, the poor financial performance and valuation metrics weigh heavily on the score. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TSE:USA stock, click here.
More about Americas Gold and Silver
Americas Gold and Silver Corporation operates in the mining industry, focusing on the exploration and production of precious metals. The company is primarily involved in the production of gold and silver, with a market focus on expanding its operations and increasing production capacity.
Average Trading Volume: 1,357,419
Technical Sentiment Signal: Buy
Current Market Cap: C$1.72B
For a thorough assessment of USA stock, go to TipRanks’ Stock Analysis page.