Americas Silver (NASDAQ:USAS) Downgraded by BidaskClub to “Hold”

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BidaskClub downgraded shares of Americas Silver (NASDAQ:USAS) from a buy rating to a hold rating in a report released on Thursday morning, BidAskClub reports.

Separately, Desjardins reissued a buy rating on shares of Americas Silver in a report on Wednesday, May 27th.

NASDAQ USAS traded down $0.08 during trading on Thursday, hitting $2.78. 39,170 shares of the company’s stock traded hands, compared to its average volume of 1,189,224. Americas Silver has a 12-month low of $1.00 and a 12-month high of $3.90. The business’s 50 day simple moving average is $3.02.

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.

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