Pan American Silver Corp (PAAS) concluded trading on 01/11/24 at a closing price of $14.75, with 3.23 million shares of worth about $47.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.41% during that period and on Thursday the price saw a loss of about -1.86%. 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 $30.40. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $40.14 and could fall to a lowest price of $25.08. The stock’s current price level is 35.05% above of average price target set by the analysts, while a rise to estimated low would result in gain of 41.19% for the stock. However, touching the estimated high of $40.14 would mean a gain of 63.25% for the stock.
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Pan American Silver Corp (NYSE: PAAS) started trading at $15.01, below -$0.02 from concluding price of the previous day. However, the stock later moved at a day high price of 15.09, or with a loss of -1.86%. Stock saw a price change of -4.78% in past 5 days and over the past one month there was a price change of -0.34%. Year-to-date (YTD), PAAS shares are showing a performance of -9.68% which decreased to -18.46% 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 3.29 million. The stock is currently trading -6.68% below its 20-day simple moving average (SMA20), while that difference is down -2.78% for SMA50 and it goes to -6.41% lower than SMA200.
Pan American Silver Corp (NYSE: PAAS) currently have 364.44M outstanding shares and institutions hold larger chunk of about 56.89% of that.
The stock has a current market capitalization of $5.38B and its 3Y-monthly beta is at 1.44. 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 3.48% while standing at 3.29% over the month.
Stock’s fiscal year EPS is expected to rise by 151.39% while it is estimated to increase by 243.09% 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”.
