Pan American Silver Corp (PAAS) concluded trading on 12/28/23 at a closing price of $16.54, with 2.55 million shares of worth about $42.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.99% during that period and on Thursday the price saw a loss of about -2.13%. Currently the company’s common shares owned by public are about 364.44M shares, out of which, 363.73M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 8 analysts are covering the PAAS stock and their offered price forecasts bring an average price target of $30.10. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $39.80 and could fall to a lowest price of $23.40. The stock’s current price level is 26.46% above of average price target set by the analysts, while a rise to estimated low would result in gain of 29.32% for the stock. However, touching the estimated high of $39.80 would mean a gain of 58.44% for the stock.
Pan American Silver Corp (NYSE: PAAS) started trading at $16.73, below -$0.17 from concluding price of the previous day. However, the stock later moved at a day high price of 17.07, or with a loss of -2.13%. Stock saw a price change of 3.96% in past 5 days and over the past one month there was a price change of 5.96%. Year-to-date (YTD), PAAS shares are showing a performance of 1.22% which decreased to -4.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.13 but also hit the highest price of $19.84 during that period. The average intraday trading volume for Pan American Silver Corp shares is 3.41 million. The stock is currently trading 5.15% above its 20-day simple moving average (SMA20), while that difference is up 9.62% for SMA50 and it goes to 4.43% higher than SMA200.
Pan American Silver Corp (NYSE: PAAS) currently have 364.44M outstanding shares and institutions hold larger chunk of about 56.53% of that.
The stock has a current market capitalization of $6.03B and its 3Y-monthly beta is at 1.41. It has posted earnings per share of -$0.93 in the same period. It has Quick Ratio of 1.20 while making debt-to-equity ratio of 0.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PAAS, volatility over the week remained 2.53% while standing at 3.23% over the month.
Analysts are in expectations that Pan American Silver Corp (PAAS) stock would likely to be making an EPS of $PagSeguro Digital Ltd. in the current quarter, while forecast for next quarter EPS is $12.73 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Plains All American Pipeline, L which is $Naas Technology Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $PIMCO Access Income Fund in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 142.86% while it is estimated to increase by 259.80% in next year.
Analysts at 8 brokerage firms have issued recommendations for the Pan American Silver Corp (PAAS)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 8 Wall Street analysts, 8 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
