In yesterday’s Wall Street session, Pan American Silver Corp (NYSE:PAAS) shares traded at $13.99, down -1.69% from the previous session.
PAAS stock price is now 3.06% away from the 50-day moving average and -5.74% away from the 200-day moving average. The market capitalization of the company currently stands at $5.10B.
With the price target of $14, Jefferies recently initiated with Hold rating for Pan American Silver Corp (NYSE: PAAS). , while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
A total of 0.23% of the company’s stock is owned by insiders.
During the past 12 months, Pan American Silver Corp has had a low of $12.16 and a high of $19.84. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 2.23, and a quick ratio of 1.09. The fifty day moving average price for PAAS is $13.55 and a two-hundred day moving average price translates $14.83 for the stock.
The latest earnings results from Pan American Silver Corp (NYSE: PAAS) was released for Dec, 2023. According to the Gold Company, earnings per share came in at -$0.04, missing analysts’ expectations of $0.1 by -0.14. This compares to -$0.34 EPS in the same period last year. The net profit margin was -4.48% and return on equity was -2.98% for PAAS. The company reported revenue of $616.3 million for the quarter, compared to $338.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 81.85 percent. For the current quarter, analysts expect PAAS to generate $567.54M in revenue.
Pan American Silver Corp(PAAS) Company Profile
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
