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Americas Silver

DB:SZ71
Snowflake Description

High growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SZ71
DB
CA$331M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Americas Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • Americas Silver has significant price volatility in the past 3 months.
SZ71 Share Price and Events
7 Day Returns
-19.3%
DB:SZ71
-6.5%
DE Metals and Mining
-1.5%
DE Market
1 Year Returns
39.2%
DB:SZ71
-48.4%
DE Metals and Mining
-10.4%
DE Market
SZ71 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Americas Silver (SZ71) -19.3% 9.8% 77.9% 39.2% -11.8% 3.7%
DE Metals and Mining -6.5% -14.4% -20.6% -48.4% -49.1% -46%
DE Market -1.5% -4.6% -4.6% -10.4% 0% 8.1%
1 Year Return vs Industry and Market
  • SZ71 outperformed the Metals and Mining industry which returned -48.4% over the past year.
  • SZ71 outperformed the Market in Germany which returned -10.4% over the past year.
Price Volatility
SZ71
Industry
5yr Volatility vs Market

Value

 Is Americas Silver undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Americas Silver to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Americas Silver.

DB:SZ71 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:SZ71
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.983 (1 + (1- 26.5%) (6.29%))
1.019
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.019 * 5.96%)
6.3%

Discounted Cash Flow Calculation for DB:SZ71 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Americas Silver is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:SZ71 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.3%)
2020 29.94 Analyst x2 28.16
2021 74.80 Analyst x1 66.20
2022 64.30 Analyst x1 53.53
2023 57.54 Est @ -10.51% 45.07
2024 53.35 Est @ -7.29% 39.31
2025 50.67 Est @ -5.03% 35.12
2026 48.92 Est @ -3.45% 31.89
2027 47.77 Est @ -2.35% 29.30
2028 47.01 Est @ -1.58% 27.13
2029 46.53 Est @ -1.03% 25.26
Present value of next 10 years cash flows $380.95
DB:SZ71 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $46.53 × (1 + 0.23%) ÷ (6.3% – 0.23%)
$767.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $767.92 ÷ (1 + 6.3%)10
$416.83
DB:SZ71 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $380.95 + $416.83
$797.78
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $797.78 / 82.51
$9.67
DB:SZ71 Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:USA)
1.329
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $9.67 x 1.329
CA$12.85
Non-primary Listing Adjustment Factor 1 share in DB:SZ71 represents 0.67331x of TSX:USA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.67331x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 12.85 x 0.67331
€8.65
Value per share (EUR) From above. €8.65
Current discount Discount to share price of €2.70
= -1 x (€2.70 - €8.65) / €8.65
68.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Americas Silver is available for.
Intrinsic value
>50%
Share price is €2.7 vs Future cash flow value of €8.65
Current Discount Checks
For Americas Silver to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Americas Silver's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Americas Silver's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Americas Silver's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Americas Silver's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SZ71 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.46
TSX:USA Share Price ** TSX (2019-08-19) in CAD CA$4.01
TSX:USA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.753 $3.02
Europe Metals and Mining Industry PE Ratio Median Figure of 102 Publicly-Listed Metals and Mining Companies 9.33x
Germany Market PE Ratio Median Figure of 411 Publicly-Listed Companies 18.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Americas Silver.

DB:SZ71 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:USA Share Price ÷ EPS (both in USD)

= 3.02 ÷ -0.46

-6.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Americas Silver is loss making, we can't compare its value to the Europe Metals and Mining industry average.
  • Americas Silver is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Americas Silver's expected growth come at a high price?
Raw Data
DB:SZ71 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
108.3%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 60 Publicly-Listed Metals and Mining Companies 0.66x
Germany Market PEG Ratio Median Figure of 263 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Americas Silver, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Americas Silver's assets?
Raw Data
DB:SZ71 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $1.71
TSX:USA Share Price * TSX (2019-08-19) in CAD CA$4.01
TSX:USA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.753 $3.02
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.94x
Germany Market PB Ratio Median Figure of 568 Publicly-Listed Companies 1.63x
DB:SZ71 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:USA Share Price ÷ Book Value per Share (both in USD)

= 3.02 ÷ 1.71

1.76x

* Primary Listing of Americas Silver.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Americas Silver is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Americas Silver's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Americas Silver has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Americas Silver expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
108.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Americas Silver expected to grow at an attractive rate?
  • Americas Silver's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Americas Silver's earnings growth is expected to exceed the Germany market average.
  • Americas Silver's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SZ71 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SZ71 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 108.3%
DB:SZ71 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 62.3%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 62.9%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SZ71 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SZ71 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 76
2021-12-31 265 78 22 1
2020-12-31 175 47 22 4
2019-12-31 74 6 -13 4
DB:SZ71 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 63 2 -23
2019-03-31 66 11 -14
2018-12-31 68 9 -11
2018-09-30 62 8 -5
2018-06-30 60 5 -2
2018-03-31 59 1 -3
2017-12-31 54 2 -3
2017-09-30 57 3 -5
2017-06-30 64 8 -1
2017-03-31 59 4 -4
2016-12-31 59 5 -5
2016-09-30 56 3 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Americas Silver's earnings are expected to grow significantly at over 20% yearly.
  • Americas Silver's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SZ71 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Americas Silver Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SZ71 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.26 0.26 0.26 1.00
2020-12-31 0.16 0.26 -0.06 4.00
2019-12-31 -0.17 -0.14 -0.21 4.00
DB:SZ71 Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.46
2019-03-31 -0.32
2018-12-31 -0.25
2018-09-30 -0.12
2018-06-30 -0.05
2018-03-31 -0.07
2017-12-31 -0.09
2017-09-30 -0.11
2017-06-30 -0.02
2017-03-31 -0.10
2016-12-31 -0.15
2016-09-30 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Americas Silver will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Americas Silver's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Americas Silver has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Americas Silver performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Americas Silver's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Americas Silver does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Americas Silver's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Americas Silver's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Americas Silver's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Americas Silver Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SZ71 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 63.38 -23.40 8.72
2019-03-31 65.80 -14.01 7.23
2018-12-31 68.35 -10.68 9.42
2018-09-30 61.51 -5.24 10.44
2018-06-30 59.59 -2.22 11.06
2018-03-31 59.42 -2.73 10.91
2017-12-31 54.28 -3.47 9.38
2017-09-30 56.63 -4.51 8.41
2017-06-30 63.60 -0.70 7.27
2017-03-31 59.21 -3.74 7.90
2016-12-31 58.87 -5.21 7.04
2016-09-30 55.85 -10.06 6.84
2016-06-30 51.90 -15.87 6.75
2016-03-31 54.44 -15.17 7.07
2015-12-31 53.45 -19.39 7.50
2015-09-30 48.88 -85.62 6.54
2015-06-30 43.77 -83.14 5.63
2015-03-31 37.21 -83.48 4.82
2014-12-31 31.48 -78.70 3.40
2014-09-30 33.83 -7.58 3.59
2014-06-30 33.17 -10.02 3.49
2014-03-31 30.13 -11.17 2.90
2013-12-31 30.21 -8.92 2.92
2013-09-30 33.04 -5.72 2.20
2013-06-30 35.27 0.54 2.01
2013-03-31 40.91 4.26 2.19
2012-12-31 45.95 7.11 3.52
2012-09-30 47.57 4.69 5.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Americas Silver has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Americas Silver has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Americas Silver improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Americas Silver's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Americas Silver has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Americas Silver's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Americas Silver's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Americas Silver is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Americas Silver's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Americas Silver's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Americas Silver Company Filings, last reported 1 month ago.

DB:SZ71 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 134.41 14.92 6.33
2019-03-31 83.07 16.14 3.43
2018-12-31 84.20 14.08 3.46
2018-09-30 89.71 12.23 3.11
2018-06-30 94.92 13.33 7.81
2018-03-31 90.53 14.42 3.26
2017-12-31 88.06 15.00 9.33
2017-09-30 87.45 15.00 8.91
2017-06-30 89.11 15.00 13.06
2017-03-31 88.01 15.00 17.99
2016-12-31 87.14 7.76 24.56
2016-09-30 87.91 8.73 27.03
2016-06-30 77.89 9.40 17.46
2016-03-31 64.63 9.22 3.36
2015-12-31 64.85 7.14 1.79
2015-09-30 76.19 6.37 2.80
2015-06-30 79.18 6.81 6.66
2015-03-31 79.51 7.50 7.07
2014-12-31 85.34 7.75 16.88
2014-09-30 129.63 0.00 13.87
2014-06-30 132.87 0.00 17.45
2014-03-31 134.32 0.00 18.44
2013-12-31 135.45 0.00 17.93
2013-09-30 136.93 0.00 21.18
2013-06-30 136.26 0.00 24.90
2013-03-31 143.17 0.00 31.05
2012-12-31 144.17 0.00 31.15
2012-09-30 143.62 0.00 30.92
  • Americas Silver's level of debt (11.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Americas Silver's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Americas Silver has less than a year of cash runway based on current free cash flow.
  • Americas Silver has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.2% each year.
X
Financial health checks
We assess Americas Silver's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Americas Silver has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Americas Silver's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Americas Silver dividends.
If you bought €2,000 of Americas Silver shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Americas Silver's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Americas Silver's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SZ71 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 321 Stocks 3.3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SZ71 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Americas Silver has not reported any payouts.
  • Unable to verify if Americas Silver's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Americas Silver's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Americas Silver has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Americas Silver's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Americas Silver afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Americas Silver has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Americas Silver's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Blasutti
COMPENSATION $699,004
AGE 50
TENURE AS CEO 4.7 years
CEO Bio

Mr. Darren John Blasutti, CA serves as Director and Chairman of Company at Barksdale Capital Corp. since April 2019. He has been Chief Executive Officer and President of Americas Silver Corporation (formerly Scorpio Mining Corporation) since December 23, 2014. Mr. Blasutti served as the Chief Executive Officer and President of U. S. Silver & Gold Inc. Mr. Blasutti served as the Chief Executive Officer and the President of RX Gold & Silver Inc. since July 26, 2011. He served as Senior Vice President of Corporate Development at Barrick Gold Corporation until January 7, 2011 and also served as its Vice President of Investor Relations since February 10, 2004. He served as a Director of Corporate Development at Barrick, where he played a key role in strategy development and the acquisitions of Sutton Resources Ltd., Pangea Goldfields Inc., and Homestake Mining Company. He served as Project Manager on the integration with Homestake and was involved in Barrick's strategic partnership with Highland Gold Mining to explore gold mining opportunities in Russia. Prior to joining Barrick in 1998, he was employed by PricewaterhouseCoopers. He has responsibility for the strategic development and implementation for Barrick's investor relations activities, including maintaining and building relationships with analysts and investors and broadening the shareholder base through targeted programs. He has been a Non-Independent Director of U .S. Silver & Gold Inc. since June 6, 2012. He has been Director at Rapier Gold Inc. since March 30, 2017. He has been a Director at Americas Silver Corporation since December 23, 2014. He served as Independent Director of Noront Resources Ltd, since 2008 until June 7th, 2017. He served as a Director of RX Gold & Silver Inc. since July 6, 2011. Mr. Blasutti is a Member of the Canadian Institute of Chartered Accountants in 1996. Rapier Gold Inc.

CEO Compensation
  • Darren's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Darren's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Americas Silver management team in years:

4.1
Average Tenure
  • The tenure for the Americas Silver management team is about average.
Management Team

Darren Blasutti

TITLE
President
COMPENSATION
$699K
AGE
50
TENURE
4.7 yrs

Warren Varga

TITLE
Chief Financial Officer
COMPENSATION
$488K
TENURE
4.7 yrs

Daren Dell

TITLE
Chief Operating Officer
COMPENSATION
$514K
TENURE
3.5 yrs

Peter McRae

TITLE
Senior VP of Corporate Affairs
COMPENSATION
$437K
TENURE
2.9 yrs

Shawn Wilson

TITLE
Vice President of Technical Services
COMPENSATION
$288K
TENURE
2.9 yrs

James Stonehouse

TITLE
Vice President of Exploration
COMPENSATION
$214K
TENURE
7.6 yrs
Board of Directors Tenure

Average tenure and age of the Americas Silver board of directors in years:

4.2
Average Tenure
62.5
Average Age
  • The tenure for the Americas Silver board of directors is about average.
Board of Directors

Alex Davidson

TITLE
Chairman of the Board
COMPENSATION
$167K
AGE
67
TENURE
3.3 yrs

Darren Blasutti

TITLE
President
COMPENSATION
$699K
AGE
50
TENURE
4.7 yrs

Brad Kipp

TITLE
Director
COMPENSATION
$149K
AGE
55
TENURE
5.2 yrs

Lorie Waisberg

TITLE
Director
COMPENSATION
$157K
AGE
77
TENURE
4.7 yrs

Gord Pridham

TITLE
Director
COMPENSATION
$155K
AGE
64
TENURE
4.7 yrs

Alan Edwards

TITLE
Director
COMPENSATION
$156K
AGE
61
TENURE
3.7 yrs

Manuel Rivera-Raba

TITLE
Director
COMPENSATION
$161K
AGE
46
TENURE
2 yrs

Steve Alfers

TITLE
Director
AGE
73
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Nov 18 Buy Daren Dell Individual 14. Nov 18 14. Nov 18 5,000 €1.36 €6,775
14. Nov 18 Buy Darren Blasutti Individual 14. Nov 18 14. Nov 18 10,000 €1.37 €13,681
09. Nov 18 Buy Darren Blasutti Individual 08. Nov 18 08. Nov 18 5,000 €1.70 €8,514
X
Management checks
We assess Americas Silver's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Americas Silver has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Americas 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. The company was formerly known as Scorpio Mining Corporation and changed its name to Americas Silver Corporation in May 2015. Americas Silver Corporation was incorporated in 1998 and is headquartered in Toronto, Canada.

Details
Name: Americas Silver Corporation
SZ71
Exchange: DB
Founded: 1998
CA$224,441,401
82,507,633
Website: http://www.americassilvercorp.com
Address: Americas Silver Corporation
145 King Street West,
Suite 2870,
Toronto,
Ontario, M5H 1J8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX USA Common Shares The Toronto Stock Exchange CA CAD 22. Feb 2000
AMEX USAS Common Shares NYSE MKT LLC US USD 22. Feb 2000
DB SZ71 Common Shares Deutsche Boerse AG DE EUR 22. Feb 2000
Number of employees
Current staff
Staff numbers
586
Americas Silver employees.
Industry
Silver
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/19 20:57
End of day share price update: 2019/08/19 00:00
Last estimates confirmation: 2019/08/19
Last earnings filing: 2019/08/12
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.