UPDATE: Roth Capital Starts American Silver Corp. (USAS) at Buy

(updating comment)

Roth Capital analyst Joe Reagor initiates coverage on American Silver Corp. (NYSE: USAS) with a Buy rating and a price target of $3.75.

The analyst comments "We believe USAS should see a significant improvement in operational performance and profitability in the coming quarters, which should in turn drive a higher valuation."

For an analyst ratings summary and ratings history on American Silver Corp. click here. For more ratings news on American Silver Corp. click here.

Shares of American Silver Corp. closed at $2.67 yesterday.

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