Pan American Silver Corp (PAAS) Analysis & Opinions from Experts

Pan American Silver Corp (NYSE: PAAS) is 27.80% higher on its value in year-to-date trading and has touched a low of $12.16 and a high of $24.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PAAS stock was last observed hovering at around $21.45 in the last trading session, with the day’s loss setting it -0.58%.

Currently trading at $20.87, the stock is 2.12% and 0.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.16 million and changing -2.70% at the moment leaves the stock 15.31% off its SMA200. PAAS registered 45.13% gain for a year compared to 6-month gain of 36.85%. The firm has a 50-day simple moving average (SMA 50) of $20.7496 and a 200-day simple moving average (SMA200) of $18.13125.

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The stock witnessed a 1.95% loss in the last 1 month and extending the period to 3 months gives it a 6.43%, and is -0.33% down 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 4.07% over the week and 3.63% over the month.

Pan American Silver Corp (PAAS) has around 19920 employees, a market worth around $7.58B and $2.57B in sales. Fwd P/E is 14.61. Profit margin for the company is -4.90%. Distance from 52-week low is 71.63% and -14.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.35%).

with sales reaching $980.74M over the same period.The EPS is expected to grow by 414.57% this year, but quarterly earnings will post 17.90% year-over-year.

Pan American Silver Corp (PAAS) Top Institutional Holders

626.0 institutions hold shares in Pan American Silver Corp (PAAS), with institutional investors hold 61.77% of the company’s shares. The shares outstanding are 364.66M, and float is at 362.33M with Short Float at 2.39%. Institutions hold 61.72% of the Float.

The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 37.18 million shares valued at $739.23 million. The investor’s holdings represent 10.2019% of the PAAS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.58 million shares valued at $269.96 million to account for 3.7256 of the shares outstanding. The other top investors are FIL LTD which holds 12.12 million shares representing 3.3262% and valued at over $240.96 million, while BLACKROCK INC. holds 3.3145 of the shares totaling 12.08 million with a market value of $240.17 million.