As this happened, Stifel upgraded its Americas Gold and Silver Corp [USAS] rating to a Hold from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid August from “a Hold” to “a Sell”. Desjardins also remained covering USAS and has decreased its forecast on May 18, 2021 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of USAS
On Friday, Americas Gold and Silver Corp [AMEX:USAS] saw its stock jump 6.22% to $0.50. Over the last five days, the stock has gained 10.35%. Americas Gold and Silver Corp shares have risen nearly 32.22% since the year began. Nevertheless, the stocks have risen 138.94% over the past one year. While a 52-week high of $0.54 was reached on 01/17/25, a 52-week low of $0.20 was recorded on 01/07/25. SMA at 50 days reached $0.4021, while 200 days put it at $0.3223.
Levels Of Support And Resistance For USAS Stock
The 24-hour chart illustrates a support level at 0.4707, which if violated will result in even more drops to 0.4444. On the upside, there is a resistance level at 0.5166. A further resistance level may holdings at 0.5362. The Relative Strength Index (RSI) on the 14-day chart is 70.68, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0528, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.07%. Stochastics %K at 94.35% indicates the stock is a selling.
How much short interest is there in Americas Gold and Silver Corp?
A steep rise in short interest was recorded in Americas Gold and Silver Corp stocks on 2024-12-31, growing by 68793.0 shares to a total of 0.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.31 million shares. There was a rise of 18.17%, which implies that there is a positive sentiment for the stock.
