Analysts Update Their Price Forecasts For Pan American Silver Corp (PAAS)

Pan American Silver Corp (PAAS) concluded trading on Wednesday at a closing price of $20.65, with 4.74 million shares of worth about $97.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.24% during that period and on December 18, 2024 the price saw a loss of about -6.14%. Currently the company’s common shares owned by public are about 363.00M shares, out of which, 362.34M shares are available for trading.

Stock saw a price change of -13.74% in past 5 days and over the past one month there was a price change of -9.03%. Year-to-date (YTD), PAAS shares are showing a performance of 26.45% which increased to 33.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.16 but also hit the highest price of $26.05 during that period. The average intraday trading volume for Pan American Silver Corp shares is 3.62 million. The stock is currently trading -7.48% below its 20-day simple moving average (SMA20), while that difference is down -9.38% for SMA50 and it goes to 0.78% higher than SMA200.

Pan American Silver Corp (NYSE: PAAS) currently have 363.00M outstanding shares and institutions hold larger chunk of about 56.91% of that.

The stock has a current market capitalization of $7.50B and its 3Y-monthly beta is at 1.26. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.18. 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 3.42% while standing at 3.14% over the month.

Stock’s fiscal year EPS is expected to rise by 570.75% while it is estimated to increase by 115.17% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on February 29, 2024 offering a Hold rating for the stock and assigned a target price of $14 to it. On January 11, 2023, RBC Capital Mkts Upgrade their recommendations, while on May 12, 2022, Canaccord Genuity Upgrade their ratings for the stock with a price target of $30. Stock get a Hold rating from Canaccord Genuity on February 25, 2022.

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