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The latest announcement is out from Americas Gold and Silver ( (TSE:USA) ).
Americas Gold and Silver Corporation has increased its ‘bought deal’ private placement to US$115 million due to strong investor demand. The proceeds will fund the acquisition’s cash portion, capital expenditures, and working capital at the Crescent Mine, enhancing the company’s operational capabilities and market position.
The most recent analyst rating on (TSE:USA) stock is a Hold with a C$6.00 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 influenced by the company’s weak financial performance, characterized by persistent losses and negative cash flows. Technical analysis provides some positive momentum, but the valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on TSE:USA stock, click here.
More about Americas Gold and Silver
Americas Gold & Silver is a North American mining company focused on producing silver, copper, and antimony from high-grade operations in the United States and Mexico. The company owns the Galena Complex in Idaho, a leading U.S. silver asset and antimony-producing mine, and operates the Cosalá Operations in Sinaloa, Mexico. Americas aims to be a leading silver producer and a key source of U.S.-produced antimony.
Average Trading Volume: 1,023,533
Technical Sentiment Signal: Buy
Current Market Cap: C$1.7B
See more data about USA stock on TipRanks’ Stock Analysis page.