Pan American Silver Corp (NYSE: PAAS): Hunting Genuine Value In Market Debris

Currently, there are 362.19M 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 -4.56% and -9.34% over the past three months. PAAS shares are trading 12.86% year to date (YTD), with the 12-month market performance up to 22.49% higher. It has a 12-month low price of $17.86 and touched a high of $28.60 over the same period. PAAS has an average intraday trading volume of 4.06 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 -11.02%, -9.63%, and -0.03% respectively.

Institutional ownership of Pan American Silver Corp (NYSE: PAAS) shares accounts for 55.76% of the company’s 362.19M shares outstanding.

It has a market capitalization of $8.26B and a beta (3y monthly) value of 0.65. The stock’s trailing 12-month PE ratio is 26.61, while the earnings-per-share (ttm) stands at $0.86. The company has a PEG of 0.90 and a Quick Ratio of 1.94 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 6.09% over the week and 4.28% over the month.

Earnings per share for the fiscal year are expected to increase by 96.90%, and 23.89% over the next financial year. EPS should grow at an annualized rate of 29.47% over the next five years, compared to -11.01% over the past 5-year period.

Jefferies coverage for the Pan American Silver Corp (PAAS) stock in a research note released on February 29, 2024 offered a Hold rating with a price target of $14. BMO Capital Markets was of a view on December 11, 2023 that the stock is Outperform, while RBC Capital Mkts gave the stock Outperform rating on January 11, 2023, issuing a price target of $19- $22. Canaccord Genuity on their part issued Buy rating on May 12, 2022.

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