Americas Silver Corporation is another silver miner I like.MMHVW - I’m looking at a potential Head & Shoulder leading into Elliott Waves counts 3,4 & 5. The financials are not bad on this company neither and it’s share price is below the future cash flow value at a substantial discount (> 40%). Their level of debt (16.7%) compared to net worth is satisfactory.
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. Do your own research and learn how to invest. Get to know about the company. Did you know that silver is the second most used commodity after oil and with the electrical transformation taking place at the moment will be the number one most used. Soon the price of silver will skyrocket. This is used in all mobile phones, solar panels, mirrors and the list goes on. Also good idea to own some physical metal. Silver, Gold, Palladium ( the price of this is currently above gold and platinum).
