ETF Managers Group LLC increased its stake in shares of Americas Silver Corp (NYSEAMERICAN:USAS) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 277,189 shares of the company’s stock after acquiring an additional 19,652 shares during the period. ETF Managers Group LLC owned about 0.63% of Americas Silver worth $453,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, WealthTrust Axiom LLC lifted its holdings in shares of Americas Silver by 30.2% in the 3rd quarter. WealthTrust Axiom LLC now owns 1,216,853 shares of the company’s stock valued at $2,871,000 after purchasing an additional 282,215 shares during the last quarter.
Americas Silver stock traded down $0.05 during mid-day trading on Monday, hitting $1.79. The company’s stock had a trading volume of 172,700 shares, compared to its average volume of 149,107. Americas Silver Corp has a twelve month low of $1.24 and a twelve month high of $4.30.
Separately, Zacks Investment Research upgraded Americas Silver from a “hold” rating to a “buy” rating and set a $1.75 target price for the company in a research note on Saturday, January 5th.
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About Americas Silver
Americas Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of precious metals and polymetallic mineral properties in the Americas. It principally owns 100% interests in the Nuestra Señora silver-zinc-copper-lead mine, San Rafael silver-zinc-lead mine, and Zone 120 silver-copper exploration project located in Sinaloa, Mexico.
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