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Americas Silver (TSE:USA) Director Sells C$1,370,000.00 in Stock
Americas Silver director Scott Mckee sold 125,000 shares of the company’s stock for C$1,370,000.00, reducing his holding by 17.4%. Despite the sale and negative financial fundamentals like a negative net margin and return on equity, analysts maintain a “Strong Buy” rating with a consensus price target of C$8.25. The stock is currently trading above both its 50-day and 200-day moving averages.