Americas Gold and Silver initiated at outperform by BMO on production growth trajectory
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Americas Gold and Silver (USAS) saw a 7.8% increase in trading after BMO Capital initiated coverage with an Outperform rating and a C$10 price target. The firm believes the shares are set to re-rate as the company transitions from a development-heavy phase to sustained production. Analyst Brian Quast highlighted the company's expertise in this shift.
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