TD Securities initiated coverage of Americas Gold and Silver (USAS) with a Buy rating and C$13 price target The company’s management is employing a employing a “familiar, successful playbook” by ramping up silver production via operational improvements at the Galena Complex in Idaho, the analyst tells investors in a research note. TD sees “significant” re-rating potential for the shares as Americas Gold, the largest producer of antimony in the U.S, ramps up Galena.
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