Pan American Silver Corp. (NASDAQ: PAAS) is 10.98% higher on its value in year-to-date trading and has touched a low of $10.61 and a high of $40.11 in the current 52-week trading range. The PAAS stock was last observed hovering at around $38.30 in the last trading session, with the day’s loss setting it -2.74% off its average median price target of $42.00 for the next 12 months. It is also 26.68% off the consensus price target high of $48.50 offered by 9 analysts, but current levels are 6.42% higher than the price target low of $38.00 for the same period.
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Currently trading at $35.56, the stock is 6.36% and 9.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing -7.15% at the moment leaves the stock 18.73% off its SMA200. PAAS registered 71.06% gain for a year compared to 6-month loss of 17.92%. The firm has a 50-day simple moving average (SMA 50) of $32.18 and a 200-day simple moving average (SMA200) of $33.22.
The stock witnessed a 19.95% gain in the last 1 month and extending the period to 3 months gives it a 21.09%, and is 9.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.98% over the week and 3.76% over the month.
Pan American Silver Corp. (PAAS) has around 6800 employees, a market worth around $8.16B and $1.31B in sales. Current P/E ratio is 265.97 and Fwd P/E is 15.18. Profit margin for the company is 2.30%. Distance from 52-week low is 235.16% and -11.34% from its 52-week high. The company has generated returns on investments over the last 12 months (2.00%).
Pan American Silver Corp. (PAAS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Pan American Silver Corp. (PAAS) is a “Buy”. 9 analysts offering their recommendations for the stock have an average rating of 2.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Pan American Silver Corp. is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at $0.47 with sales reaching $477.39M over the same period.The EPS is expected to grow by 718.20% this year, but quarterly earnings will post 2.30% year-over-year. Quarterly sales are estimated to grow 18.10% in year-over-year returns.
Pan American Silver Corp. (PAAS) Top Institutional Holders
503 institutions hold shares in Pan American Silver Corp. (PAAS), with 3.2M shares held by insiders accounting for 1.52% while institutional investors hold 55.80% of the company’s shares. The shares outstanding are 210.16M, and float is at 206.96M with Short Float at 1.04%. Institutions hold 54.95% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 22.4 million shares valued at $720.12 million. The investor’s holdings represent 10.66% of the PAAS Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 6.01 million shares valued at $193.07 million to account for 2.86% of the shares outstanding. The other top investors are Blackrock Inc. which holds 5.19 million shares representing 2.47% and valued at over $166.73 million, while Slate Path Capital, LP holds 1.98% of the shares totaling 4.16 million with a market value of $133.74 million.
Pan American Silver Corp. (PAAS): Who are the competitors?
The company’s main competitors (and peers) include Alexco Resource Corp. (AXU) that is trading 51.64% up over the past 12 months. Coeur Mining Inc. (CDE) is 74.88% up on the 1-year trading charts. Short interest in the company’s stock has fallen -59.26% from the last report on Nov 12, 2020 to stand at a total of 3.44 million short shares sold with a short interest ratio of 1.04.