Pan American Silver Corp. (NASDAQ:PAAS) went down by -1.47% from its latest closing price compared to the recent 1-year high of $30.51.
Is It Worth Investing in Pan American Silver Corp. (NASDAQ :PAAS) Right Now?
Plus, the 36-month beta value for PAAS is at 1.14.
PAAS currently public float of 210.28M and currently shorts hold a 12.54% ratio of that float. Today, the average trading volume of PAAS was 4.58M shares.
PAAS’s Market Performance
PAAS stocks went down by 0.00% for the week, with a monthly jump of 12.44% and a quarterly performance of 20.67%, while its annual performance rate touched -23.31%. The volatility ratio for the week stands at 3.87% while the volatility levels for the past 30 days are set at 3.71% for Pan American Silver Corp. The simple moving average for the period of the last 20 days is 6.48% for PAAS stocks with a simple moving average of -0.70% for the last 200 days.
Analysts’ Opinion of PAAS
Many brokerage firms have already submitted their reports for PAAS stocks, with RBC Capital Mkts repeating the rating for PAAS by listing it as a “Outperform.” The predicted price for PAAS in the upcoming period, according to RBC Capital Mkts is $22 based on the research report published on January 11th of the current year 2023.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see PAAS reach a price target of $30. The rating they have provided for PAAS stocks is “Buy” according to the report published on May 12th, 2022.
PAAS Trading at 13.68% from the 50-Day Moving Average
After a stumble in the market that brought PAAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.39% of loss for the given period.
Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares surge +11.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.68% upper at present.
During the last 5 trading sessions, PAAS remain unchanged, which changed the moving average for the period of 200-days by -31.21% in comparison to the 20-day moving average, which settled at $17.75. In addition, Pan American Silver Corp. saw 15.06% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PAAS
Equity return is now at value -6.10, with -4.60 for asset returns.