Americas Gold and Silver to consolidate Idaho silver mining JV with Sprott, Huet
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
0mins
Source: SeekingAlpha
Acquisition Announcement: Americas Gold and Silver has agreed to acquire the remaining 40% interest in its Galena silver mining project in Idaho, consolidating the joint venture into one business.
Market Reaction: The company's stock dropped by 2.4% in pre-market trading following the announcement.
Analyst Views on CEF
Wall Street analysts forecast CEF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 53.610
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Current: 53.610
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
