Currently, there are 363.04M common shares owned by the public and among those 361.51M shares have been available to trade.
The company’s stock has a 5-day price change of 8.66% and 17.28% over the past three months. PAAS shares are trading 31.55% year to date (YTD), with the 12-month market performance up to 87.85% higher. It has a 12-month low price of $13.52 and touched a high of $26.72 over the same period. PAAS has an average intraday trading volume of 3.05 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.47%, 12.74%, and 20.60% respectively.
Institutional ownership of Pan American Silver Corp (NYSE: PAAS) shares accounts for 55.76% of the company’s 363.04M shares outstanding.
It has a market capitalization of $9.63B and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 86.53, while the earnings-per-share (ttm) stands at $0.31. The company has a PEG of 3.67 and a Quick Ratio of 1.62 with the debt-to-equity ratio at 0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.76% over the week and 4.22% over the month.
Earnings per share for the fiscal year are expected to increase by 47.81%, and 53.59% over the next financial year. EPS should grow at an annualized rate of 23.55% over the next five years, compared to -11.01% over the past 5-year period.
Looking at the support for the PAAS, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on February 29, 2024, with the firm’s price target at $14. RBC Capital Mkts was of a view on January 11, 2023 that the stock is Outperform, while Canaccord Genuity gave the stock Buy rating on May 12, 2022, issuing a price target of $30. Canaccord Genuity on their part issued Hold rating on February 25, 2022.
